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Updated about 15 years ago on . Most recent reply

David Biedenbach's profile image
David Biedenbach's profile image
David Biedenbach
  • Real Estate Investor
  • from Belleville, Illinois
  • Member since Dec 29, 2009
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David Biedenbach's profile image
David Biedenbach's profile image
David Biedenbach
  • Real Estate Investor
  • from Belleville, Illinois
  • Member since Dec 29, 2009
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David Biedenbach
  • Real Estate Investor
  • Belleville, IL
2
Votes |
6
Posts
Real Estate Deal Analysis & Advice

Thoughts on this duplex

David Biedenbach
  • Real Estate Investor
  • Belleville, IL
Posted

Stats for this deal a fellow wholesale friend in ST Louis Metro

Total rents $900 per month $450 per unit

Asking price only $28K All brick with detached brick 2 car garage

Not so good news 1 Bedroom 1 Bath each unit 680 sf each

Taxes $2250 per year

Insurance $1200 per year

Cosmetic rehab $4 to $6K

CMA in area between 54 to 58K

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