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Updated almost 10 years ago,
Duplex
Hi Guys,
I have an opportunity to purchase a duplex with total 6 units, 2 separated tax ID's. The numbers,
Purchase 85K
6 units total, 4 are rented out 395.00 each the other 2 need painting and cleaning.
24,000 down includes closing cost.
Monthly payment 925.00 per month.
I ran the numbers looks good on paper as soon as I rent the other 2 properties. Tenants are long term in a very high rental area.
I have never purchased a duplex, just SFR and flips. Wondering if you guys think its a good deal?
Thanks,