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Please help, would this work?
Hello All, I am not a landlord currently but have run across a deal I think would work very well. I do not know how to run all the numbers and was hoping to get some advice.
Four Plex
$308,000 purchase price
$1000 per door/ $4000 monthly rent
This would be new construction.
I would purchase this deal cash or possibly finance I am not sure just yet.
Can you provide me both scenarios?
I appreciate any help.