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Updated about 8 years ago,
Is this deal to good to be true?
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.