condo question

I gave offer to a townhouse, the price is $38500. My offer is full cash offer.

But after I think it over, the HOA fee is $230 a month. If I din't rent it out, I need to pay it every month.

if I rent it out, I check the criagslist price, I could rent if for $700-$800.

Should I buy? the addendum is already sent to me. while I still couldn't make my decision.

所有跟帖： 

• 回复：condo question -比花花还花- ♂ (279 bytes) () 09/23/2008 postreply 22:27:31

• 回复：回复：condo question -ttt2008- ♀ (203 bytes) () 09/23/2008 postreply 22:36:57

• It's a good cash flow case, you should buy -miat42- ♂ (583 bytes) () 09/24/2008 postreply 05:41:16

• very knowledgable! -DaBoMeiNu- ♀ (0 bytes) () 09/24/2008 postreply 06:45:59

• 回复：It's a good cash flow case, you should buy -ttt2008- ♀ (79 bytes) () 09/24/2008 postreply 07:16:37

• It is a nice little cash cow. -cultuslake- ♂ (46 bytes) () 09/24/2008 postreply 10:59:54