Help me analyze this deal - Asking Price is $119,900

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  • Rental Property Investor · Augusta, GA · Member since 2017 · 825 posts · 278 votes
    8y

    The calculator is a nice place to start, but what can you actually find out about the expenses in the area. what are taxes and insurance priced at? 
    5,000 in repairs is what I put in if I think the place is close to move in ready. Is that the case here? 

  • Investor · Tyler, TX · Member since 2016 · 4 posts · 0 votes
    8y

    Thanks Amanda,

    I'm going over to see it at 4pm today and will make adjustments to the pricing.  I already have one property in town that is about the same size and I'm using the insurance cost on this place.  I can probably copy the taxes from my other place as they are going to be higher than this.

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