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Updated about 5 years ago on . Most recent reply

User Stats

194
Posts
73
Votes
Angel Dejesus
  • Property Manager
  • Boston, MA
73
Votes |
194
Posts

Would you do this deal

Angel Dejesus
  • Property Manager
  • Boston, MA
Posted

13 unit 2 buildings

Income: $125,440

Expense: $70,321

NOI: $55,119

Loan: 12 month, $35,000

10% interest only payment

$3,500/12= $291.67

21.8% IRR

12 month Ballon = $42,000

$42,000 - $35,00= $7,000

Payday #1= $3,500

Payday#2= $7,000

= $10,500

Would you guys do this.

Any questions comments concerns.

I’m all ears.

Thanks 

Dejesus

  • Angel Dejesus
  • Most Popular Reply

    User Stats

    4,876
    Posts
    2,466
    Votes
    Jaysen Medhurst
    • Rental Property Investor
    • Greenwich, CT
    2,466
    Votes |
    4,876
    Posts
    Jaysen Medhurst
    • Rental Property Investor
    • Greenwich, CT
    Replied

    I'm not following this at all, @Angel Dejesus? Are you buying this property or making the loan? 

  • Jaysen Medhurst
  • Loading replies...