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Updated almost 8 years ago,
Numbers check, please and thank you
Hi there. 3 duplexes (built in 2008) were just listed in my small town with very limited multifamily opportunities, so I was very happy to find them today! However, my numbers come out dismal, even after lowering the price to 210,000 (listing 248,000). This is for one duplex. I would be so grateful if anyone could look at my numbers.
From the listing:
Rent 950 x 2 = 1900/mo 22800/yr
Wtr/Sewer/Grbg 2640
Taxes $2669
Ins $600