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Updated over 8 years ago on . Most recent reply

User Stats

224
Posts
45
Votes
Tzvi Balsam
  • Investor
  • Brooklyn, NY
45
Votes |
224
Posts

5 Unit in the bronx deal or no deal ?

Tzvi Balsam
  • Investor
  • Brooklyn, NY
Posted

Someone just offered me a deal in the bronx, I have no clue if these numbers are accurate, I will just forward exactly as I got it. 

If someone can help me decipher it would be great.

Purchase Price 815K

5 Unit 

Rent

1550 1533  1545  1545 1495

Yearly $92,004

Expenses 

Taxes 5382 Water sewer $3000 Ins $1400 Fuel $4000 Utilities $600 Repairs $500

Total $14882

What do I make of it ?

Most Popular Reply

User Stats

86
Posts
16
Votes
Jacqueline Pelzer
  • Mount Vernon, NY
16
Votes |
86
Posts
Jacqueline Pelzer
  • Mount Vernon, NY
Replied

Size of units? Is there documentation to confirm those tents? Too many people guesstimate. You don't want to get caught out there.

  • Jacqueline Pelzer
  • Loading replies...