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Updated almost 3 years ago on . Most recent reply

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24
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Daniel Villanueva
  • New York, NY
3
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24
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Deal or no deal? Texas duplex

Daniel Villanueva
  • New York, NY
Posted

Hello all,

Putting in an offer on duplex- would love feedback! (Each is 1bed1bath)

** this will be OOS rental. 

approx 6% rate
162K Total, DP 24.3 K which is 15%, seller pays all closing costs. (30 year conventional loan)

Both units are completely redone.
i will have to furnish appliances (refrigerators, stoves, W&D) for short term rental. Great curb appeal.

can SAFELY expect approx 1200/ unit per month (I am furnishing both units for short term rentals- approx 10K total). In hot market could get 1600/ unit. 

Deal or no deal?
would you pay for closing costs on top of all this? (5-10k)


thank you all!

Most Popular Reply

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9,861
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5,555
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Eliott Elias
  • Investor
  • Austin, TX
5,555
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9,861
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Eliott Elias
  • Investor
  • Austin, TX
Replied

Where in Texas is this? Seems like a solid deal 

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