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Updated over 10 years ago on . Most recent reply

User Stats

133
Posts
13
Votes
Patrick Rowe
  • Investor
  • Baton Rouge, LA
13
Votes |
133
Posts

Need help analyzing this deal

Patrick Rowe
  • Investor
  • Baton Rouge, LA
Posted

I need some input on this Duplex deal. I have a banker that will do 100% finance on them for 30 years at 5.75 interest rate. The seller has owned this property since 2005! One tenant has been there  20 years. Wood floors in some, new Roof, New A/C in units 1970 and 1972. Well maintained and ready to be sold. The units are 100 percent occupied and the units are separately metered. The property is located in a c or d area located around college campus. The owner also has two more duplexes at this price.  

Asking Price- $65,000

3 BR  2 BA

21-30 Years of age

Total Square Footage- 2,250

Income - $1100 a month

  • Patrick Rowe
  • Most Popular Reply

    User Stats

    133
    Posts
    13
    Votes
    Patrick Rowe
    • Investor
    • Baton Rouge, LA
    13
    Votes |
    133
    Posts
    Patrick Rowe
    • Investor
    • Baton Rouge, LA
    Replied

    ok thanks, how much cash flow are you coming up with?

  • Patrick Rowe
  • Loading replies...