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Updated almost 7 years ago,
A good investment deal for a Newbie?
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?