All Forum Posts by: Sal San

Has anyone invested in real estate in Guam? I visited this lovely island a few weeks ago and was impressed by the development in the area. However, real estate SFR is quite high with an average median cost of about $380k for a decent 3 bdrm home. Any guidance or experience with the real estate in Guam?

Thanks in advance.

I'm moving to Washington D.C. and I would like to invest in a growing, affordable, and revitalizing area in Maryland or Virginia (or other areas within 2 hr drive fr DC; max) with a potential growth in the future. I'm hoping to find an area for about $400-$500 SFR as a weekend getaway from hustle and bustle of the city life.

Note: Weekend home only so daily commute should not be a huge factor.

Any advice?

Thanks all!! Valuable insights.

Thank Jeff. Any advice for a software analyser or calculator?

Thanks john. I hope to be as knowledgeable as you in the future. I appreciate your insight.

Good point Michael!

I'll look into the BP Calculator. Just seem like it's hard to find a great deal nowadays. Appreciate your insight.

What do you consider a good investment? Multi-family apt/condos?

Thanks for your input Jason and Thomas.

A SFR is selling for $315k that a person plans on purchasing as an investment property. The individual is required to make an investment down payment of $63k (20%). Additional expenses include: $600 yearly insurance, $30 HOA, and $100 monthly management fees. Monthly mortgage payment for 30 years with 4.5% interest rate is about $1,400 (total monthly).

The property is currently being rented for $2,400 with an immediate positive cash flow of $1,000. Seller will not budge a penny on the selling price.

Is that a reasonable investment? Requiring 63 months for an investor to get his initial down payment back, plus chipping away a bit of the mortgage, and possible appreciation?

Note: Decent location with about 3-4% yearly appreciation.

Breakdown:

1. PITI & Management: $1,400

2. Rental: $2,400.

3. Initial Investment DP: $63,000 (20% of $315k)

4. Monthly Positive Cash Flow: $1000

Thoughts?

A SFR is selling for $315k that a person plans on purchasing as an investment property. The individual is required to make an investment down payment of $63k (20%). Additional expenses include: $600 yearly insurance, $30 HOA, and $100 monthly management fees. Monthly mortgage payment for 30 years with 4.5% interest rate is about $1,400 (total monthly).

The property is currently being rented for $2,400 with an immediate positive cash flow of $1,000. Seller will not budge a penny on the selling price.

Is that a reasonable investment? Requiring 63 months for an investor to get his initial down payment back, plus chipping away a bit of the mortgage, and possible appreciation?

Note: Decent location with about 3-4% yearly appreciation.

Breakdown:

1. PITI & Management: $1,400

2. Rental: $2,400.                

3. Initial Investment DP: $63,000 (20% of $315k) 

4. Monthly Positive Cash Flow: $1000

Thoughts?