Trying to find my first deal

[Courtney Johnson]

6 townhomes $27,500 each $165,000 total Offer $135,000 Financing 20%down $27,000 Finance $108,000 at 4.5% for 30yrs (heloc) so rate is estimate. $547.22 Fully occupied. Professionally managed. Rent $450 each 2beds 1.5 bath $2,700 monthly $32,400 yearly $2,700 -$270- 10% property management -$550- mortgage -$80- tax insurance -$1,080- 40% for expenses —————————- =$720 a month $8640 a year No HOA I haven’t viewed properties just pictures of two units. Don’t want to further bother him if numbers don’t even make sense.