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Updated over 6 years ago,
Help me analyze this 2 unit Philadelphia deal
Im analyzing deals and found a duplex 4 bedrooms 2bd in each unit. Cost is 285k im not sure what the closing cost will be im estimating the following
Purchase price 285k
Closing cost 6k
Rehab 15k
@4.75% conventional
Down payment 5% 15k
I dont know what rent for the area but i look and see maybe $1400 each unit
Im doing
$80 for water per month
$125 insurance month
$200 repairs per month
$300 taxes per month
$1487 Mortgage
$700 plus Cash flow
Am i missing anything ?