Basic HousingEveryone needs to doss someplace. For your consideration:
$21,250 on 12/13/12
|Bedrooms:||3||50 days on Trulia|
|Property type:||Single-Family Home|
|Provided by:||Fannie Mae|
Ignore (not) that the bathrooms have no pictures. What about the "numbers?" TCO $15k down and $500/mo. I expect $8k in repairs. Easy rent @$800. Returns in excess of 25% after cushions for vacancy and unexpected costs. No allowance for tax breaks against regular income.
Interesting that Fannie Mae needed to present such a major price reduction. The decade plus price history is also interesting.