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Updated over 13 years ago,

Davion Malwah's profile image
Davion Malwah's profile image
Davion Malwah
  • Multi-family Investor
  • from Los Angeles, California
  • Member since Jun 20, 2011
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User Stats

31
Posts
37
Votes
Davion Malwah's profile image
Davion Malwah's profile image
Davion Malwah
  • Multi-family Investor
  • from Los Angeles, California
  • Member since Jun 20, 2011
Connect
Davion Malwah
  • Multi-family Investor
  • Los Angeles, CA
37
Votes |
31
Posts
Starting Out

Is this realistic?

Davion Malwah
  • Multi-family Investor
  • Los Angeles, CA
Posted

I was doing some newbie number crunching and came up with this:

50 Units $1,000.00 per unit
Gross Monthly Income- $50,000
60% Mortgage,Insurance,Taxes,Misc.- $30,000
Net- $20,000

Are these numbers accurate?

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