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Updated almost 11 years ago,
Deal Analyzer: 2 Duplexes
Purchase Price: 28K (2 duplex buildings on one plot of land, 2 units each, 4 units total)
Rents: 890/month
Loan: 401/mo (28k, 10 yrs @ 12% interest.)
Insurance: $60/mo
Taxes: 206/mo
Profit: 223 month
Units are fully rented.