What would you pay for this?

[Account Closed]

I know my number, but humor me please for a minute. Use any numbers you would typically for downpayment, terms, rate, etc. Cash, whatever. I just have to check myself.

Fourplex

Rent $575 per unit

Property tax 1.79% of your purchase price

Closing cost 2%

Capex 5%

Garbage $65 month

Sewer 100/mo

Maint 5%

PM 8%

Insurance 2500/yr

[Caleb Heimsoth]

You shouldn’t pay for undermarket rents. Pay based on what it’s worth as is.