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Updated over 5 years ago on . Most recent reply

Eric Piccione's profile image
Eric Piccione's profile image
Eric Piccione
  • Investor
  • from Cincinnati, OH
  • Member since Jul 25, 2019
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Eric Piccione's profile image
Eric Piccione's profile image
Eric Piccione
  • Investor
  • from Cincinnati, OH
  • Member since Jul 25, 2019
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Eric Piccione
  • Investor
  • Cincinnati, OH
23
Votes |
89
Posts
Buying & Selling Real Estate

P&I for each unit on a duplex?

Eric Piccione
  • Investor
  • Cincinnati, OH
Posted

This may be me overcomplicating it, but I recently ran into a 5 plex that apparently rents at 1085 per unit. With P&I at 871, does this mean using the 50% rule, i'm cashflowing $1841.5/M (5425/2)-871=1841.5 This definitely seems too good to be true. P&I is calculated per room correct?

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