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Updated over 8 years ago on . Most recent reply

Kingsley Idemudia's profile image
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Kingsley Idemudia
  • Real Estate Investor
  • from Missouri City, Texas
  • Member since Dec 28, 2014
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Kingsley Idemudia's profile image
Kingsley Idemudia's profile image
Kingsley Idemudia
  • Real Estate Investor
  • from Missouri City, Texas
  • Member since Dec 28, 2014
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Kingsley Idemudia
  • Real Estate Investor
  • Missouri City, TX
1
Votes |
16
Posts
Buying & Selling Real Estate

Apartment Complex Analysis! Need help LOL

Kingsley Idemudia
  • Real Estate Investor
  • Missouri City, TX
Posted

Hey guys I'm looking at the apartment deal and don't know if it is a deal or not.

Gross- $83,039.07

Expense-$32,932.38

Net-$50,106.69

8 units

Owner wants around 1.2 mill

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Flavio Zanetti's profile image
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Flavio Zanetti
  • Investor
  • from Andover, MA
  • Member since Jan 4, 2015
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Flavio Zanetti's profile image
Flavio Zanetti
  • Investor
  • from Andover, MA
  • Member since Jan 4, 2015
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Flavio Zanetti
  • Investor
  • Andover, MA
67
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269
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Flavio Zanetti
  • Investor
  • Andover, MA
Replied

I would say it is not UNLESS there is significant appreciation opportunities at play here. 

You are welcome to use our tools:

https://www.biggerpockets.com/real-estate-investme...

and drive your own conclusions too...

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