Updated about 5 years ago on . Most recent reply

Your opinion on this deal?
Hey guys! After analyzing deal after deal in the Maryland market, I finally found a potential deal. Let me know what you think and would you take this deal???
Purchase Price: 70k
Down Payment + Closing: 19K
Mortgage: 56K
Interest: 5%
Vacancy, Maint, Cap Ex, Insurance, Taxes, P&I: $635
Rental Income: $850
Cash Flow after expenses: $215
ROI: 14.05
Would love to hear everyone’s opinions as I continue to learn!