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Updated over 13 years ago on . Most recent reply
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What more do I need to evaluate this triplex ?
I am a beginner, andI want to learn how to invest in either duplexes or triplexes.
I found a triplex offered for sale, and have some info, and I am sure I need more info to properly evaluate this investment. I want to buy and hold, and get positive cash flow each month.
listed price is 129,000
3 units
gross income is $2300 a month
property tax - estimate is 1612 per year
hazard insur - estimate 1200 a year
location is Stockton, Ca
built in 1977
does this seem like a good deal ?
and what more info should I get to make a good evaluation ?