Classifieds
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 2 months ago on . Most recent reply
Thinking about buying this Multi in Pueblo
I would pay cash, the cap rate is 8.2%. rent is $2650 a month purchase price is 295K. What am I missing? it sounds too good to be true. May be looking for partners or someone to buy the property.
- Alex Jacobson
Most Popular Reply
Bill B.
#2 Real Estate Deal Analysis & Advice Contributor
#2 Real Estate Deal Analysis & Advice Contributor
- Investor
- Las Vegas, NV
- 9,506
- Votes |
- 7,627
- Posts
Bill B.#2 Real Estate Deal Analysis & Advice Contributor
#2 Real Estate Deal Analysis & Advice Contributor
- Investor
- Las Vegas, NV
Make sure your taxes will be $400. They may be under a cap, they may be discounted for an owner occupant, etc etc. NV is one of the cheapest states in the country for property taxes but a $250k property would be facing about a $1,200 tax bill.
There’s a reason the seller is selling, what is it?