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Updated about 8 years ago,

User Stats

209
Posts
57
Votes
William Huston
  • Trinity, FL
57
Votes |
209
Posts

Is this deal to good to be true?

William Huston
  • Trinity, FL
Posted

Duplex: C area

LP: $104,999

2 x 2/1 w/ month to month tenants 10+ years both sides

Rent: $650/each

Taxes: $1140/yr

Insurance $860/yr

Units have own meters for water and electric

Roof 12 yrs old

A/C 1: 8 yrs old, A/C 2: 2 yrs old

HWH 1: 8 months old, HWH 2: 19 yrs old

I tried to run the numbers on bigger pockets, but the last page of the calculator keeps loading as an error for me. I did the quick 4 square math and the deal seems too good to be true... As a new MF investor i am just making sure i'm not overlooking something before i make an offer.

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