Rental investments in Maricopa City

Rental investments in Maricopa City

Maricopa, AZ · Member since 2017 · 30 posts · 54 votes

Hello Guys

I'm new to this site and although I already own a property in CA where I currently live, but I'm first time investor and looking to buy a property in Maricopa AZ.  The property I'm looking for is around 150k and potential rent in that area is around 1000$ ( the agent and Zillow says 1200). The first year cash flow is looking neck to neck (roughly +70$).

Is this a good investment or am I too late to Maricopa game.? 

PS. I'm not a cash investor and I'm looking to put 20% down

Looking forward to hearing from you guys.

Thanks in advance.

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  • Rental Property Investor · Miami, FL · Member since 2017 · 2k+ posts · 911 votes
    9y

    The first year cash flow is $70? Or the monthly net cash flow is $70/mo?

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