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Updated about 4 years ago,

User Stats

229
Posts
51
Votes
John Matthew Johnston
  • Investor
  • Beaver Falls, PA
51
Votes |
229
Posts

Help evaluating a deal please ?

John Matthew Johnston
  • Investor
  • Beaver Falls, PA
Posted

Deal numbers:

Purchase 55,000

Closing 4,000

Reno 157,000

ARV -200,000-250,000

Rent 1500.00 per side(duplex) so 3000.00/month

Taxes 3000.00

Capex 5 %

Repair 5%

Vacancy 10%

Everything will be done on this property top to bottom.

Would you invest this kind of money for these returns? Thanks in advance

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