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Updated almost 6 years ago,

User Stats

107
Posts
26
Votes
Daniel Pitner
  • Realtor
  • Peoria, AZ
26
Votes |
107
Posts

Help me analyze this deal

Daniel Pitner
  • Realtor
  • Peoria, AZ
Posted

Hi Guys. 

I've been looking through deals to purchase a duplex and I came across one that struck my interest. Here are the details: 

1) listed for $239

2)Owner will carry 

3) Units rent for $850 and $775

4) priced in line with market value 

here are the financing terms: The owner has proposed 10% down, 7% interest, 30 year am, 3 year pre-payment penalty, non-assumable, if OMC buyer must pre-qualify with Traci Ranic, $450 fee through escrow, Setup and servicing fee to be paid by buyer.

What are your thoughts? I'm new at this. 

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