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Updated over 7 years ago,
5 plex need advice please
Hello! Newbie here. would love your 2 cents
looking at a 5 plex property to buy 85k purchase price. small town an hour from my house.
units rent for $400/month utilities included
yearly taxes $2,700
monthly utilities $400, lawn care $75
New Metal roof, ac, furnace, appliances included
Nice brick building, wood floors, well maintained.
I am super nervous about the possibility of making the wrong decision but also super excited about the possibility of making the right one.
Should I take the leap?