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Updated about 18 years ago on . Most recent reply

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positive cash flow?

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I am looking to buy some duplexes from a guy, this will be my first rei adventure, but cant figure how the numbers will work. We haven't talked about prices or any of that yet, but I figure the units go for about 450 a month. So that's 900 for both. Now I figure the price will be around 140,000 for each duplex. It seems like the payment will exceed the rent coming in. Any help?

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