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Updated about 8 years ago,
A 4-Plex deal in orange county
I've been on the lookout for real estate deals lately, (more so to get to know the market, as I realistically will not have enough capital to purchase a property until a year or so). I recently saw this deal online and I want to know what you guys think about it. It's currently off market. To me, it looked like a solid deal for a 4 plex, but I would like to know exactly how good or bad of a deal it is. Here's the stats:
So I guess here's my question, on a percentile range of all deals, where do you think it falls? I.E. is this deal better than 90% of all other multi family deals? (I know that there are other variables at play here, but assume that there are no other hidden deal breakers).