8 Unit

[Sean Moen]

Hey gang,

Just looking for some feedback on a deal I'm looking at:

8 Units w/ Listing price @ $500,000 however, here's what I'm calculating out to:

7 Units occupied @ $595/month - 1 unit purposely left empty for showings (by current owner)

Here's my purchase price calculation:

As you can see, I'm offer $150k less than listed and have a minor negative cashflow upon purchasing.

Here's the value add calculation:

For the record, with $0 down, the monthly cash flow calculates out to $500

As promised, I said I would mention @Ben Leybovich & @Bram Spiero.

Credit for the calculator goes to @Wendell De Guzman

Thanks for the feedback!