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Updated about 2 years ago,

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1
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0
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Akar Pokhrel
  • Investor
  • Texas
0
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1
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First time investing in commercial real estate

Akar Pokhrel
  • Investor
  • Texas
Posted

Please help me determine weather this number makes sense to you guys. Any feedback is much appreciated. 

11k sqft total building 

prime location with walmart anchored 

asking price: $4.7million 

CAP: 6%

100% leased (all NNN lease type)

annual base rent combined: $268k

total expense: $90k

NOI: $281k

lease expires: 2023, 2024, 2026, 2027,2032

my debt services are unknown at this point. What should I expect from my debt services regarding this deal? does this make sense to you all?

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