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Updated almost 9 years ago, 12/08/2015

User Stats

114
Posts
19
Votes
James L.
  • Investor
  • Pflugerville, TX
19
Votes |
114
Posts

My first multifamily deal

James L.
  • Investor
  • Pflugerville, TX
Posted

Hey everyone, so I have a duplex in round rock. I'm kinda nervous, I ran the numbers it seems ok but some feed back would be appreciated.

So have it under contract for 180k, 20% down finanacing 135k @ 4.3% for 30yrs. It's currently renting for 750 a side they're 3/2 with a one car garage. Market rents are 1050 eq. if I did the math right after dumping an additional 30k in rehab I should be cash flowing about $460 a month. Thanks

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