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Updated about 6 years ago,
[Calc Review] Help me analyze this deal
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Happy Tuesday BP!! Im still working on my first property and have come across this 4 plex with potential to turn the store front in to 5th unit. The cash needed up front may be an issue but I wanted to get some opinions on the deal itself. I have built in some assumptions due to the current low rent level ($625 for the 3 bd 1bth) and I am assuming I can rent the garages for about $250 per month. I have not had a GC walk through yet so I am not sure what the cost would be for building the 5th unit but I like the value add potential in the property.. Thank you in advance and don't be shy!