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Updated over 5 years ago,
Help evaluate a property
$775k asking price
8 units (6, 2x1 2, 1x1).
Fringe neighborhood.
Class C
Built in 1980
Laundry on site. Leased W's/D's
Total monthly rent $6800.
Expenses?
Desert landscape...no landscape costs.
No or go?
Just curious what everyone would calculate the Coc to be. Assume 5% 30 years. 25% down.