Is 50k too much for each unit?

[Brittany Fife]

I was wondering what is a good price to look for when purchasing a multi unit. What should the average price per unit be? I am under contract to buy a duplex for 99k and was wondering if 50k per unit is pricey.

[John Thedford]

You need to run all your numbers to determine what your profit or loss will be. Then you can make a better decision. Also, your questions are market specific. In most areas of SW Florida, decent units will cost at least 80K per side...probably more. So, 50K sounds cheap...but we aren't in the same market. if you have never purchased it, buy the book "what every investor needs to know about cash flow" by Gallinelli. Remember, you won't have just taxes and insurance:
taxes
insurance
utilities?
maintenance
Vacancy
management
CapEx
also potentially a few other expenses. You need to know all of these before you can make a decision. 

Are you going to pay cash? If not, also remember the cost of money.