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Updated about 2 years ago,
How much above PITI should I shoot for it to be a good deal?
Hi there BP!
I am currently analyzing a deal and wanted your insight! The investment is 3 duplexes on one corner lot in town, all quite updated and nice
PITI currently sits at $4,275/mo. and the conservative rents at 100% occupancy would account for $6,300/mo.
is the PITI too high and makes it too risky or would you consider it to be a good number vs the rent at 100%? What do u suggest?