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Updated almost 7 years ago,

User Stats

4
Posts
1
Votes
Edgar Bustos
  • Rental Property Investor
  • Exeter, CA
1
Votes |
4
Posts

A good investment deal for a Newbie?

Edgar Bustos
  • Rental Property Investor
  • Exeter, CA
Posted

hey BP I found a deal that consists of 2 units property , one unit 3/1 and 2/1, I use the four square method for analyzing rental properties, the 2 homes are rented and collected $1550a month, with a $1319 total monthly expenses, and a cash flow of $231 a month ($2272 total annual cash flow) , my total investment will be $34K with a COCR of 7.92% is this a good deal?

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