What kind of cash flow are u looking for

[Chip Chronister]

I am looking at a 59 unit complex it was built in the 70's and it is in good shape

it is a class c complex I am talking to the bank (conventional comm. loan) he will

give is a 15year amortized loan with a 3 to 5 year call. we will cash flow about 3k a month what do you guys think.

Thanks

[Ben Leybovich]

$3,000/month on 59 doors - not even close.  Don't do it!