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Updated about 13 years ago, 10/16/2011
Is this a good cash flow Deal for my Investor? And, can I make money selling it to him?
Is this a good cash flow Deal for my Investor? And, can I make money selling it to him?
$1,100 * 12 months = $13,200 Gross Anual Rents
$13,200 / 2 = $6,600 NOI
$6,600 NOI / $110,000 purchase price = 6% Capitalization Rate
The real question is,
A) is this even worth me presenting to my investor that wants a cash flow deal
B) can I in good conscience sell this too him and ask for a couple of thousand bucks for the deal?