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Updated over 7 years ago,
All I have is NOI and total expenses
Hello BP partners,
Im looking to buy a 4 unit family home for 225k. I want to analyze the numbers before I contact a realtor. With just having the NOI and the total expenses what will that help me find out about the property? I understand the NOI doesn't include the taxes, insurance, vacancy, cap ex. I will be putting down 20%. Those numbers are from the realtor site.
NOI -$22700
Total expenses-$4956
Taxes $3456