Good Deal Or Too Good To Be True

[Nate Ziegler]

Recently, through scrolling through listings in one of the markets that interests me I found a "package deal" of two duplexs and a single family house. The information shown on the listing says the current rents of the tenants in each unit. And, through running the numbers based off of the listing prices, I have found that they should all cashflow at or above an 11% ROI. I am a new investor, meaning I dont currently own any properties, and think that househacking one of these while owning the other two (all in the same neigborhood) might be a great start, especially after looking at all the numbers.

All in all does this sound too good to be true and/ or way in over my head? Or is this a deal that I should dive into?

[Nate Ziegler]

@Jonathan Greene

Duplex 1: $675/600 rents, list price $119,000

Duplex 2: $700/700 rents, list price $120,000

Single family: $675 rent, list price $76,000

These are located in Dayton Ohio, specifically Belmont, I found them because I was running analysis in this area because I know an investor who owns properties/ is looking for properties in that market and wanted to help/ get my foot in the door/ potentially partner on a deal.

They have been on the market for around 60 days ( one red flag that that I noticed)