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Updated over 7 years ago,

User Stats

7
Posts
2
Votes
Adam Kuhn
  • Investor
  • Thiensville, WI
2
Votes |
7
Posts

First Duplex Deal Analysis

Adam Kuhn
  • Investor
  • Thiensville, WI
Posted

Looking to get any feedback on my first duplex deal.  It is not a huge cash cow but property is in great condition and in an easy to rent area and hot market. 

Purchase - $259,900, 25% down (roughly $65,000), 4.375% rate

Both units rented to long term tenants - Currently brings in $1750 but the upstairs is atleast $150 under market value so I would look to up to $1900.

Payment, Insurance, and Taxes - $1350/month.

Tenants pay all utilities

Seems like an okay deal with rents at $1750 and a solid deal at $1900.  

Any comments would be appreciated, thanks in advance. 

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