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Updated over 4 years ago on . Most recent reply

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Steve Smith
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Is this sweet enough?

Steve Smith
Posted
I found an off market 3br 1 ba 1197sqft the man says he'll take 20k for it.
It needs a medium rehab 20k or so, it has a large back yard.  Just wondering if
it's a good deal or is it just too low end?

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Aaron Montague
  • Rental Property Investor
  • Brookline, MA
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Aaron Montague
  • Rental Property Investor
  • Brookline, MA
Replied

@Steve Smith

We need a few more pieces of information before we can figure this out with you.

https://www.biggerpockets.com/... <- try the rental calculator here and post the results back for more in depth help.  40k sounds like a good deal.  If it is only goin to rent for $350/month then it is not going to be a good deal.

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