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Updated about 7 years ago,

User Stats

112
Posts
21
Votes
Alisha Decoteau
  • Real Estate Agent
  • Metro Georgia
21
Votes |
112
Posts

Steps on purchasing a Portfolio of properties

Alisha Decoteau
  • Real Estate Agent
  • Metro Georgia
Posted

Good Afternoon BP Family, 

I'm looking to obtain property(s) before the end of the year.  Besides checking out each unit or property to further access any and all expenses and talking to tenants to see if they have any issue recurring issues, Is it possible to conduct an initial financial analysis of the portfolio below with the information I have below? 

Portfolio includes 3 Single Family Homes, 7 Duplexes and 1 Fourplex

Units: 21

Ask price: $1,890,000

Price per unit: 90,000

Caprate - 7.80%

NOI $147,542

 Potential Total Gross Income: $196,500

Vacancy & Collection Loss 10% ($19,650)

Effective Gross Income $176,850 

 Real Estate Taxes $22,058 

Insurance $7,250 

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