DEAL NO DEAL ADVICE

[Evette Harris-Cole]

Multfamily 4 plex unit 8 bed 4 ba. Offer price $475k

Rent Roll $3,430 monthly

Total Expenses $1,393

NOI $2,037

Estimate Cap Rate 5.1%

Please Advise!

[Elizabeth Colegrove]

I don't look at cap rates. I look at earrings based on my down payment. I also look at numbers based on my tenant class. If they are a high class with less expenses than you would receive a lower return than if they a lower class and more risk!