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Updated almost 6 years ago,

Chong Liang's profile image
Chong Liang's profile image
Chong Liang
  • Member since Jan 13, 2019
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Chong Liang's profile image
Chong Liang's profile image
Chong Liang
  • Member since Jan 13, 2019
Connect
Chong Liang
0
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6
Posts
Buying & Selling Real Estate

what is the ROI on this property and is it worth buying?

Chong Liang
Posted

Hi i'm new here, new to this arena.  I was looking into an apartment complex with 11 units most of which have been renovated.  Here are the numbers:

Gross annual income: 180,000

Expenses: 60,000

Net operating income: 120,000

30 year mortgage will likely cost me between 9,000-10,000/month.

Is this something worth looking into?

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