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Updated almost 6 years ago,

Tammy Renee Johnson's profile image
Tammy Renee Johnson's profile image
Tammy Renee Johnson
  • Member since Mar 11, 2019
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Tammy Renee Johnson's profile image
Tammy Renee Johnson's profile image
Tammy Renee Johnson
  • Member since Mar 11, 2019
Connect
Tammy Renee Johnson
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Multi-Family and Apartment Investing

Multi Family Property - 1st Rental Opportunity!

Tammy Renee Johnson
Posted

Need help in knowing if this property is a good investment opportunity.  $480,000, 10 Units (all are rented), $4402 Income per month, Annual Taxes $1272, Annual Insurance $2400, Pest Control $1200/ year, Maintenance approx $250/mth (according to current owner).

Thoughts?  I'm new and it seems to me like a good cash flow per month but I would like to add in a Property Mgr - what cost would that add?

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