from cash flow point of view, it is not the best deal..
net rent = 1000-230(HOA)-80(PM)=690.
base on 1% rule, the purchase price should be no more than 70k.
from cash flow point of view, it is not the best deal..
net rent = 1000-230(HOA)-80(PM)=690.
base on 1% rule, the purchase price should be no more than 70k.
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