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Updated over 11 years ago on . Most recent reply

User Stats

62
Posts
2
Votes
Andrew L.
  • Real Estate Investor
  • Nashville, TN
2
Votes |
62
Posts

Does this Duplex Deal Work?

Andrew L.
  • Real Estate Investor
  • Nashville, TN
Posted

List Price: $135,000

Gross Income: $19,080

Net Income: $16,020

Unit 1 Rent: $795

Unit 2: $750

Debt Service*: $9,121

*Debt service calculated based on 80% of $130,000 at 6.25% based on a 20 year ammo. I figure I can get the seller down $5K from the list price.

Does this deal work?

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