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Updated over 6 years ago,
One unit deal investment
So I have got one unit deal
Price: $405000
Down payment: $240000
Mortgage: $165000 for period of 10 years
Cap rate: 10%
Annual cash flow: $40500
Annual Expenses: $4000
NOI after expenses + mortgage : $20000
COC: 8.3%
IS THIS A GOOD DEAL?
THANKS,