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Updated over 4 years ago on . Most recent reply

User Stats

69
Posts
10
Votes
Keegan Darby
  • Rental Property Investor
  • Queen Creek, AZ
10
Votes |
69
Posts

Thoughts on an analyzed deal

Keegan Darby
  • Rental Property Investor
  • Queen Creek, AZ
Posted

We are analyzing a deal on a duplex, built in 2004. Listed at $190k. Each unit rents for $750. Tenants pay all utilities. 

Down payment: $38k 

Monthly payment (including utilities, principal, tax, insurance, repairs): $975/month 

Monthly income: $1500 

__________________________________________________________________

$525/month 

Thoughts?

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