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Updated over 7 years ago,
Help analyzing this deal
Thank you for taking the time to read my post. My wife and I are purchasing a duplex and I was wondering if anyone was willing to critique the deal. The basics:
Purchase price - 175k
Gross rent - 2000/month
Taxes - 2300/year
Insurance - 2000/year
Down payment - 20%
Rehab to property - 10 - 15k
Building is a 1 story block duplex.
Please let me know your thoughts. Any feedback would be appreciated and have a wonderful day.