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Updated almost 3 years ago,
Help with reviewing my deal
Hello Guys,
can you help with reviewing deal please?
2 units - 1 bd, 1 bath; 2.5bd 1 bath
4009-4011 Ivanhoe Ave,Norwood, OH 45212 | |
Price | 219000 |
Downpayment 25% | 54750 |
Closing costs (3%) | 6570 |
Fix | 10000 |
Total cash needed | 71320 |
Principal (4.375%). 30 y | 9840 |
Prop management (7-9%) | 3820 |
Insurance | 1448 |
Taxes (1.81%) | 3963.9 |
Utils (Electricity, Gas, Water) | 1080 |
Maintenance (5%) | 1260 |
Vacancy (5%) | 1260 |
Rent Annual | 25200 |
Cap Rate (%) | 11.5 |
Operating income: | 2528.1 |