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Updated about 8 years ago,

User Stats

10
Posts
2
Votes
James Allen
  • Phoenix, AZ
2
Votes |
10
Posts

Is this 7 plex a deal?

James Allen
  • Phoenix, AZ
Posted

Im trying to analyze a deal, but im not sure i've put everything in the calculator properly.  Its a 7 unit building where 6/7 units are rented.  Asking price is $230k (i know they are willing to work down).  Currently the scheduled rents are $3,550 per month.  Projected annual expenses are $23,043 which includes property management.

I apologize for missing information, but hopefully through the discussion, I can add to the above info and get to a decision on this.

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