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Updated almost 6 years ago, 11/28/2018
[Calc Review] Help me analyze this deal
This property is located in the New Britain area and would be a House Hack for 1 year.
There is Tenant on the first floor paying under market rent which will be brought up to market value. Newer Roof, Furnace upgrades motor and plumbing, New Hot Water Heaters and 10 year old windows so I am assuming Capital Ex should be relatively low.
1st level - 3Bed 1 bath
2nd and 3rd combined - 3Bed 2 Bath (And will convert to 4Bed when I move out)
This would be my first purchase so I am very hesitant.
Opinions and advice will be greatly appreciated!
Thanks,