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Updated about 7 years ago,

User Stats

451
Posts
234
Votes
Tim Hall
  • Flipper/Rehabber
  • Tallahassee, FL
234
Votes |
451
Posts

10 unit multi family

Tim Hall
  • Flipper/Rehabber
  • Tallahassee, FL
Posted
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.

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