Hello,

I found a triplex in my hometown that currently rents for just under $100K/yr, and has shell space within the footprint (utilities already stubbed in) that can potentially be finished out into an additional 1br/1ba, thus allowing for a quadplex value add! I've attached my analysis report at asking price ($800K), and made certain assumptions about capex/vacancy/utilities, and the CoC came out to around 18%! However, I am wondering if any of my assumptions are wrong in any way (i.e. only $15K for drywall and cheap flooring, 7.5% interest rate, closing cost fees, etc.). Please let me know your thoughts!

Thanks and great being part of this exciting community!

Ian Campbell 

View report

*This link comes directly from our calculators, based on information input by the member who posted.