Where am I and what am I worth?

[Matt Shamus]

Where am I located? What am I worth?

Duplex with two identical 3BR/1BA units. Built in 2002. Clean, updated and well kept with no deferred maintenance.

Rent: 825+755 = $1,580

Expenses:

Taxes: $196

Insurance: $63.50

Prop Mgr: $127

Vacancy (8%): $127

Maintenance (5%): $79

Garbage: $35

Water, Utilities, Yard: $0 (paid by tenants)

NOI = $952.50/mo ($11,430/year)