Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 15 years ago,

User Stats

6
Posts
0
Votes
Matt Courchesne
  • Investor
  • Long Beach, NY
0
Votes |
6
Posts

Do the numbers make sense on this deal?

Matt Courchesne
  • Investor
  • Long Beach, NY
Posted

I am brand new to this forum and Real Estate investing in general, so take it easy on me. I have found what seems to be a possible deal on the surface, but was looking for some feedback from the vets here. Multi family home with an asking price of $360,000 with rental potential of roughly $4,200 per month. Condition seems to be good, but not great. I know it doesnt quite make the 2% rule, but the home is undervalued IMO compared to comps in the area. Opinions?? What other info would be helpful to determine if this makes sense?

Matt

Loading replies...