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Updated almost 7 years ago, 02/12/2018

User Stats

3
Posts
0
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Kavon Hunter
  • Investor
  • Philadelphia, PA
0
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3
Posts

Trying to understand Commercial investing

Kavon Hunter
  • Investor
  • Philadelphia, PA
Posted

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. 

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