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Updated over 4 years ago on . Most recent reply
Made an offer on Duplex..What do you think
What do you think about this duplex in Central Fl?
Purchase Price.....215,000 (conventional finance, 25% down)
Cash Flow...12,279
CoC...19%
No rehab needed....995.00 each side (1981 concrete construction).
I think the #'s are correct.
Concern: Its in a C neighborhood full of competing duplexes (some run down, driving down the value)...I would like it to appreciate but probably will not...not a deal breaker (buy and hold).