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Updated almost 9 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Machele Freeman
  • Vallejo, CA
2
Votes |
16
Posts

Good deal or No?

Machele Freeman
  • Vallejo, CA
Posted

Hello all!!

I have a prospective investment property, my first actually, and I just wanted opinion's on whether it is a good deal or not. So this is a triplex, with 3 bed, 2 bath in each unit. The listing price is for 320000, and two units go for 850, and the last for 775, so the gross annual income is 29700. I'll be putting down 20%. Unfortunately I couldn't locate the property tax amount. The property looks to be in good condition. I think that's it. What do ya'll think?

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