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The home contains two 2 bedroom units and a Studio attic.
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Rent of the 3 units totals to 2400 month
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Tenants pay Water, Quarterly sewage, electric, heat
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Zillow estimate is 111,000
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Estimated Mortgage with 10% down is 450 a month
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I would live in the unit but 'pay rent' by paying my current rent amt to double pay the mortgage
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my gross income is $2400 monthly.
I need advice on what other costs I'm forgetting: property tax, income tax, maintenance fees, insurance, possible eviction fees..
Anyone who wants to contribute or steer me in the right direction I'd appreciate it!
Submitted March 18, 2017 at 02:51PM by LeJarJarJames http://ift.tt/2n1jsiy