8 unit apartment deal advice

[Ryan Fennick]

8 Units C class Purchase price 207k Rents range from 425/mo to 525/mo Market rent 525/mo NOI $26,186 Pre tax cash flow $13,186 Good deal?? Thanks Let me know if you need more details.

[Jack Edgar jr]

looks like a 10% return cash/cash on ask. Sounds great to me all depending on the headache of tenants, location, building.  Frankly it's all relative. Gotta ask How does this stack up to other options out there. Is the 207k just the starting number and one has to pump in another 50k? Ask these questions along with the strategy you have in place and you should start seeing an answer. You have to decide if this is good enough. Dive in and write a story about the property and see if it fits into your life. Just my two cents.