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Updated almost 6 years ago, 12/27/2018
[Calc Review] Help me analyze this 4 Plex ( first time use)
*This link comes directly from our calculators, based on information input by the member who posted.
Hey guys,
I've started using the BP calculator, and have analyzed a few properties trying to account for as many expenses as I can think of.
A question I have for you- is when you analyze a property what type of guidelines do you set for it to be considered a good deal?
For example, most of the multi-families I've analyzed in my target area have a Cash on Cash Return of Less than 3% for the first 1-5 years, but then it dramatically increases after year 5 and again at year 10.
For a 4 plex, what would you be looking to accomplish or use as a framework for a good deal?