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Updated over 8 years ago,

Ayodeji Kuponiyi's profile image
Ayodeji Kuponiyi's profile image
Ayodeji Kuponiyi
  • Investor
  • from King of Prussia, Pennsylvania
  • Member since Dec 10, 2014
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Ayodeji Kuponiyi's profile image
Ayodeji Kuponiyi's profile image
Ayodeji Kuponiyi
  • Investor
  • from King of Prussia, Pennsylvania
  • Member since Dec 10, 2014
Connect
Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
338
Votes |
1,748
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Real Estate Deal Analysis & Advice

Potential Deal? Smart People Please Chime In

Ayodeji Kuponiyi
  • Investor
  • King of Prussia, PA
Posted

Found an 8 unit apartment. They're asking $515,909. 

Cap Rate is10.93. 

Total monthly Income is: $6,380 & $$76,560/year

This is my analysis:

I used conservative numbers such as 30% financing and estimated 55 expenses.

I adjusted the purchase price to reflect the given cap rate.

Thoughts?

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