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Updated about 10 years ago,
Good buy? 10% cap rate, 8.5% coc, $35 cash flow?
Is this a good buy? Ok neighborhood, not bad but not good. 80k for house. Place is a duplex, 1 bed 1 bath on each side. 1500 sqft. Rent is currently 450 on each unit so 900 total. Thoughts?