what should I expect to pay for insurance for single family
hello bp I hope everyone is having a great day. I have a single family 2 bed 1 bath that a wholesaler has brought to me. It meets the 1% rule at about 1.5%. All the other numbers are working in the calculators, except I'm basically guessing on insurance. I was wondering if there is a rough idea of what I should budget for without having to get a quote from my insurance company. As you can tell by the question I am relatively new to this. The home is located in kalamazoo, mi it is city certified and has a newer roof, there is a tenant in place, its turn key but is under market value. Im just curious how other investors come up with a number to run for analyzing? Any advice is appreciated, thank you for reading.
-Chris