Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago,

Account Closed
  • Manchvegas, NH
9
Votes |
137
Posts

duplex has no comps

Account Closed
  • Manchvegas, NH
Posted

this guy has 4 duplexes that he wants to unload.  he was initially asking 450k for two and 500k for two. but if i bought them all he'd drop them to 400k for two and 450 for two....

1.7m total. 

there are no comps that i can find.  

duplex 1  net income is 2800

duplex 2 net income is 2800

duplex 3 net income is 3200

duplex 4 net income is 3600

expenses

duplex 1 prop tax is 7300 yearly

duplex 2 prop tax is 7500 yearly

duplex 3 prop tax is 7400 yearly

duplex 4 is 7400 yearly. 

he said insurance is roughly 700 each yearly.

 he said tenants pay all expenses and pay extra for their electricity and water and stuff. 

what else am i missing?

Loading replies...