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Updated almost 9 years ago on . Most recent reply

need help dissecting a deal.
I am looking into purchasing a multi family ( quad)
asking 170k might offer ( 140k)
down payment 3.5% 6k or (4900)
insurance monthly is roughly 90.00
property tax based on 222,0000 152.00 p/m
p&i 660-700 pm
each unit rented for 600 average.
property needs about 15k in minor repairs.
in your experienced how does this deal look?
p.s. if i need to give more info let me know