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Updated over 17 years ago on . Most recent reply

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Votes

A duplex of a deal

Tamara Campbell
Posted

two 2/1 units in hollywood, fl

Paid: 150k
Financed: 200k
Cash out at closing: 26k
Rent:31,200
Mortgage:1700/mo

Taxes:3,5k
Ins:1700
Vacancy: 1400
Maintenance: 1k
total: 7,600

Net profit: 23,600

23,600-31200= 5600

Loan @ 10%, 0 down

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