Would you go for it?

I would go for it if I bought 20 sites before, each with a considerable price (say > $100) and made each a success.
If not, you may not have enough experience to get break even.

You know that's a valid point. If you don't have a history of buying sites and monetizing the purchased sites then this is a heck of a first step.
 
$5.000 is way too much for a single domain, there are many ways you can spend it with more value than that.
How could you even saying that without knowing more about the domain? Are you saying www.facebook.com would not be worth $5k because it's a single domain? I have a friend that purchased a domain for $10 and sold it for $25K, without knowing all about the domain, it's impossible to make statements like that.
 
Back
Top