Help me analyze this deal

[Adam Turner]

View report

I am new to real estate investing and am looking for some advice to get started.  Wondering if this is worth while deal. 

[Oren K.]

I think that someone sliped a decimal point somewhere - The reprort shows monthly NOI of $113..22 which is $1,358.64 annually. With a purchase price of $133K (all in), that works out to a ~1 CAP.

I found the presentation of the information colorful but confusing. Clearly the seller / agent is someone who know how to prepare a sales brochure but needs to double check their math.

Hope this helps.