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Updated about 6 years ago,

User Stats

93
Posts
57
Votes
Shane W. Chapin
  • Specialist
  • Jacksonville, Fl
57
Votes |
93
Posts

[Calc Review] Help me analyze this deal

Shane W. Chapin
  • Specialist
  • Jacksonville, Fl
Posted

View report

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

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!

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