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Updated over 6 years ago,

Casey Rondinella's profile image
Casey Rondinella's profile image
Casey Rondinella
  • Rental Property Investor
  • from Burbank, CA
  • Member since Feb 19, 2015
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User Stats

30
Posts
3
Votes
Casey Rondinella's profile image
Casey Rondinella's profile image
Casey Rondinella
  • Rental Property Investor
  • from Burbank, CA
  • Member since Feb 19, 2015
Connect
Casey Rondinella
  • Rental Property Investor
  • Burbank, CA
3
Votes |
30
Posts
Buying & Selling Real Estate

How does this 22 Unit in WA near Tacoma (Sumner) look???

Casey Rondinella
  • Rental Property Investor
  • Burbank, CA
Posted

Below is the proforma given to me by the broker for a 22unit in Sumner Washington:

My calculations - I need to pay 2.4mil + 200k for rehab rolled into the loan to make this syndicated deal work. 

What is everyone's thoughts on this deal?

Have I analyzed it correctly or am I missing something? 

Is buying at 2.6mil + 200k for rehab have enough margin to keep my investors happy? 

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