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Updated almost 7 years ago on . Most recent reply
First deal under contract! Thoughts?!?
4 Plex, 3686 sq ft
Purchase 270k
Rents $700/unit ($2,800/mo)
Repairs = $0 (Advertised as turnkey) Will negotiate after inspected if needed
PITI = $1,475
Vacancy = $140 (5%)
Repairs = $140 (5%)
Capex = $140 (5%)
Management = $280 (10%)
Garbage/Lawn = $150
Water/Electric are separately metered.
Am I missing anything?