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Updated about 7 years ago,
10 unit multi family
We purchased a 10 unit property in Madison fl. It's a bit out of the way. The break down is 6: 2 bed 2 bath
3: 1bed 1 bath
1: 2700 commercial building once used as a daycare
We get $500 for the 2 beds and $400 for the 1 beds
The daycare is being fixed up but we have a potential tenant for $1000 a month
7 out of potential 9 are rented. One is on the market and one is going thru the eviction process.
We pay for water, trash, yard and management
Water is around $200 Mth
Trash $180 mth
Yard is $200 mth
Management is $400 ish a mth
What's it worth? Now and when I get everything rented.