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Updated about 7 years ago,

User Stats

59
Posts
22
Votes
Steven Hellinger
  • Rental Property Investor
  • Warminster, PA
22
Votes |
59
Posts

Please help me analysis this deal

Steven Hellinger
  • Rental Property Investor
  • Warminster, PA
Posted
Looking to do a buy and hold Some numbers to look at. Duplex 2 units 3 bedrooms 1 Bath each Great school and 1 block to train in a very nice neighborhood. Purchase price 210,000 And we can get it appraised at 230k on the low end we can borrow 75% which is 172500 at 5.5% is 979/month Rents 32400/yr P&I on loan is 11750 Taxes Yes very high in this area 6500 Vacancy 10%. 3240 Insurance 1500 Utilities on our end is 2400 Lawn and snow 1000 Management own. 1620 Let me know your thoughts Thank you

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