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Updated over 5 years ago,
Good deal for a duplex at 150 per door?
This will be after 1yr of me moving out of one unit
https://imgur.com/TX7FvIa
property purchase cost $265,000.00 net cash flow
closing cost $5,000.00 total rent $2,200.00
down payment $26,500.00 10% down total expenses $1,830.33
total cost $233,500.00
net cash flow $369.67
total cash down $31,500.00
current rents $1,900.00
cocr
new rents 2bds/1 each x2 cash flow yearly $4,436.04
other income $2,200.00 cash down $31,500.00
total rents $2,200.00 cocr 14%
expenses niche rating B
taxes $208.33 truila crime map 0.5
home insurances $100.00 years with one owner 18
water renter pays market rent lowest $950.00
mortage insurance $54.00 market rent highest $1,400.00
capex $110.00 market rent med $1,200.00
repairs $110.00 sq ft 1778 $157.00 per sqt
vacancy $110.00
mortages $1,138.00
total expenses $1,830.33
rate 4%