Looking to purchase a Quadraplex. Here are the numbers.

[Rashad Jones Jennings]

I’m an agent and 1st Time Real Estate investor and I want to run this deal by you all. The quad is in a good area and fully occupied. It brings in $3,150 Monthly in rent. Estimated mortgage payment is $2,400 Monthly. Taxes annually are $3,110. Leaving a cash flow of $751 a month. Let me know you you all think about this deal. The good, bad, & the ugly. Purchase Price $425K Monthly Income $3,150 Monthly Payment $2400 Cash Flow $751 2 (2/1) & 2 (3/1) units.