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Updated almost 6 years ago on . Most recent reply

Cole Black's profile image
Cole Black's profile image
Cole Black
  • Rental Property Investor
  • from Markdale Ontario
  • Member since Apr 27, 2019
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94
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12
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Cole Black's profile image
Cole Black's profile image
Cole Black
  • Rental Property Investor
  • from Markdale Ontario
  • Member since Apr 27, 2019
Connect
Cole Black
  • Rental Property Investor
  • Markdale Ontario
12
Votes |
94
Posts
Real Estate Deal Analysis & Advice

Walk me through the steps of evaluating this deal please

Cole Black
  • Rental Property Investor
  • Markdale Ontario
Posted

This is a triplex in the local area being sold for $279,000 generating $2310 a month the realtor gave me a list of expenses.

Mortgage =$1114

Hydro. =$176

Insurance =$230

Internet. =$115

Taxes. =$230

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Will C.'s profile image
Will C.'s profile image
Will C.
  • Rental Property Investor
  • from Richmond, Virginia
  • Member since Sep 22, 2016
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Will C.'s profile image
Will C.'s profile image
Will C.
  • Rental Property Investor
  • from Richmond, Virginia
  • Member since Sep 22, 2016
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Will C.
  • Rental Property Investor
  • Richmond, VA
132
Votes |
278
Posts
Will C.
  • Rental Property Investor
  • Richmond, VA
Replied

@Cole Black just using the 1% rule of thumb its a pass

  • Will C.
    • 2 Votes
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