Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

Account Closed
  • Residential Landlord
  • San Mateo, CA
12
Votes |
49
Posts

Duplex Deal - Input Requested

Account Closed
  • Residential Landlord
  • San Mateo, CA
Posted

So just found this property with a suppposedly "motivated seller" here are the numbers:

Proposed Sale Price 185,000

Gross Rents - 1800

Less 8% Vacancy Loss <144>

Less Insurance <44>

Less 10% repair budget <166>

Less Tax <180>

Less deb service <1055> (80% at 4.875, 20% HELOC from Primary Residence at 4.5%

Net Monthly $216

8.3% Cap and the agent I work with likes the property and appreciation potential.

Both units renovated 2 years ago.

Thanks!

Loading replies...