Updated over 7 years ago on . Most recent reply
Need some quick guidance on a deal
Good afternoon everyone. I need a second pair of eyes to take a look at my numbers. This will be my second property and I want to be sure everything looks good to before moving forward. I am open to any advice or pointers here. Thanks in advance.
Here is the information
Home - $150,000
Down Payment - 20% or 30k
P&I + Home owners - $800
HOA - $166
Total Monthly Expenses - $965.00
Expected Rent - $1,350
Monthly Cashflow- $384.45
Cash on Cash ROI - 13.55%