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Updated almost 8 years ago,
Running the numbers on a rental
Hello everyone,
I found a property in my hometown that is a multi-family unit with garage rentals as well. This could potentially be my first investment property besides the one I currently live in. Although I browse the MLS, I never actually did the numbers for most of the ones I look at. What are the steps to finding out if this is a good deal, besides obviously looking at the property. I already love the location and all of the units and garages are currently occupied, so that in itself is appeasing, but I need to run the numbers. What are those steps?? Appreciate all your help in advance. thanks!