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Originally Posted by XPorn
I may bid on a duplex that will cost about $215000
if I put $43000 down....that leaves a loan of $172000...and at 6.5% thats about $1090 a month.....taxes are $300 a month...
Rents = $1600 a month....
Leaving about $200 extra per month for insurance and lawn work/water bill....
Worth it???
XPorn
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YARGH! It does seem good. Just make sure you set money aside for when it's not rented.