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Updated over 6 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Buddie Slone
  • Rental Property Investor
  • Waynesburg Ky
1
Votes |
6
Posts

Is this a deal worth taking

Buddie Slone
  • Rental Property Investor
  • Waynesburg Ky
Posted
I have a chance to buy two duplexes built in 2008 1850 sq ft each . Income is 2150 for both . Bank will loan me 100 percent at 5.2 for three years locked . Price is 210000 taxes are 2100 insurance is 1400 vacancy should be 1 to 2 percent . No repairs needed cap ex at 1500 a year

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