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Updated about 8 years ago on . Most recent reply

User Stats

14
Posts
4
Votes
Ronald Wilson
  • Palm Bay , Florida
4
Votes |
14
Posts

Is this duplex to high in asking. and what do you think on offer

Ronald Wilson
  • Palm Bay , Florida
Posted

Write your post I have a duplex that someone rehabbed and listed at top of the mrkt price. It is itching me as i keep seeing it not going down in price but also not selling. It is a desireable area... the units should be able to rent for about $650 and $750 (one has an extra room) and as fresh as it is i just dont like the $159k price point. Calculator says i should look for at least $129000 to even get over 1.2 rule 

any input /advice would help on my move for an offer or if i am missing something

https://www.biggerpockets.com/calculators/shared/684294/f516b4d4-d589-4e2c-bba8-c9d9f181dca4

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