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Updated about 6 years ago,

Marci Stein's profile image
Marci Stein's profile image
Marci Stein
  • Rental Property Investor
  • from New York, NY
  • Member since Jun 10, 2011
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User Stats

942
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501
Votes
Marci Stein's profile image
Marci Stein's profile image
Marci Stein
  • Rental Property Investor
  • from New York, NY
  • Member since Jun 10, 2011
Connect
Marci Stein
  • Rental Property Investor
  • New York, NY
501
Votes |
942
Posts
Buying & Selling Real Estate

So bad at math - please help with this deal

Marci Stein
  • Rental Property Investor
  • New York, NY
Posted

It’s a triplex in Massachusetts. 

Price 275 k 

Rental income 3000k 

expenses 900 a month( includes taxes , insurance, etc)

The 75 k down payment is borrowed .

So I’ll have to repay 275 k at current rates (6 percent?)

How much will my monthly payment be and is it a good deal? 

Thanks!!

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