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Updated about 5 years ago,
First time using the BP Calcs - Good Deal?
Hi BP! I am new to the calculators and reading the info to determine if its a good deal or not. My partner and I are looking at investing in multifamily units in his hometown, which is two states away from where we currently live. I found a 4 unit listing that seems to check all the boxes, but I am still new to reading the info and if it's a "good deal" or not. The listing agent had most of the info available, but I did make some educated guesses on things like market increase and property value increase. This listing is in a growing suburb of a top 25 metro market and, while historically it's been considered to be on the wrong side of the tracks, more growth is being forced into the area from the city.
Thank you for your input on my first attempt!
*This link comes directly from our calculators, based on information input by the member who posted.