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Updated almost 7 years ago,

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9
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Niccole Martinez
  • APO, AE
0
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9
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[Calc Review] First investment - 4-plex

Niccole Martinez
  • APO, AE
Posted

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*This link comes directly from our calculators, based on information input by the member who posted.

We are looking into purchasing our first property and it's a fourplex. We will be living in one unit but are calculating it based on being fully rented. The loan is a VA loan so 0% down. Asking price is $285k but calculations are based on $240k. Utilities and rents are based on what current owner pays/receives. It seems we would just about break even at that price but I'm trying to figure out if my calculations are correct or if I'm over/under or missing something entirely. Thanks for help/input!

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