DFW 4-Plex

[Logan Hassinger]

under contract at 170k

GMR $2,600

Insurance $125/month (actual quote from insurance)

Taxes $250/month 

Maint. $130/month

Capex $270/month

Vacancy $130/month

Gas $85/month

Water/Trash $160/month

Financing: 20% down at 4.65% for 30 years 

PI $700/month

24% COC

Electricity is tenant paid and the plan is reduce rents to 610 and pass the other utilities on to the tenants as well. Any thoughts on this deal, am I missing anything?

[Aaron Montague]

@Logan Hassinger

Looks like a great deal.  Go buy it :)