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Updated about 8 years ago,

User Stats

24
Posts
2
Votes
Jonatas Silva
  • Kingwood, TX
2
Votes |
24
Posts

Apartament complex

Jonatas Silva
  • Kingwood, TX
Posted

I need professional  help with my numbers. 

Is it a good deal or no?

I have all the numbers from 2015.

Asking price: 1.6M

46 units

Gross income yearly:

$292,386.88

Total Expenses: $120,887.82

Estimated Net income: $171,499.06

With minimum renovation the rent can be increased. 

Thank you in advance!!!

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