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Updated over 8 years ago,
Need Help Analyzing a Few Deals
Long time reader, first time poster looking for some advice on a couple deals I have come across.
Basically just want to see what property would be best to buy as a long term hold - Property 1/2 or neither. Appreciate the feedback.
Property 1 = Duplex
Acquisition Cost - $38000
Rehab - $10000
Rent - $1125/month ($562.50 each side)
Property 2 = 4 Plex
Acquisition Cost - $86000
Rehab - $40000
Rent - $2400/month ($600 each side)