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All Forum Posts by: Robert Peacock

Robert Peacock has started 1 posts and replied 1 times.

Post: Rental House purchase good or not?

Robert PeacockPosted
  • Flipper/Rehabber
  • St Simons Island, GA
  • Posts 1
  • Votes 0

I'm looking at a 3 bedroom 3 bath 2000 sqft home in a rural area.  I can pick it up for 28,000 and brings in $525/month.  The current tenants have only been there 2 months.  It needs nothing done.  Central hvac, good roof and flooring.  Taxes $500/yr and insurance $600.