Rental Property Investor · Lehigh Valley // North Jersey // Binghamton, NY · Member since 2018 · 20 posts · 16 votes
5y
Hey @Long Wong, thanks for reaching out! We do plan to hold onto this one for a little while. But everything can be sold at the right price...The cashflows on it are going to be about $3,200/mo maybe more. There will be 9 bedrooms, each that can demand about $400/mo in rent. One percent rule says this is a $320,000+ property. Of course, we wouldn't be asking for this much as it's not aligned with the Binghamton market. But feel free to name your price.