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Updated over 9 years ago,
Triplex - Good Deal or not so good deal?
For those of you with a buy & hold strategy and aren't afraid of MFRs, considering the below data, would you move forward with this opportunity or not? Each unit on this triplex rents at $325, yielding approx $75/unit monthly cash flow. I should be able to pay off the mortgage in the next 6-8 months taking monthly cash flow to approx. $143/unit.
I respect that any comments, replies, or suggestions are for entertainment purposes only and not considered legally binding.
Keyword Alerts: Florida, Triplex
Tight lines.