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Updated almost 7 years ago, 02/12/2018
Trying to understand Commercial investing
Hello everyone, I am currently in the process of learning about commercial investing (apartments) and I wanted to get some feedback regarding one the deals that has been brought to me to try and understand if this makes sense to buy.
Here are some of the numbers:
Asking: $650,000
Annual expenses: $61,376
Annual rents: $157,500
NOI: $96,124
Any advice would be greatly appreciated. Thank you.