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Updated about 5 years ago on . Most recent reply

User Stats

111
Posts
15
Votes
JayCinta Henry
  • Investor
  • Mesquite, TX
15
Votes |
111
Posts

[Calc Review] Help me analyze this deal

JayCinta Henry
  • Investor
  • Mesquite, TX
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Looking to start investing in a small apartment type units. I came across this deal. I don't know how to analyze these types but I am learning the ropes. I do need some help to look at this.

Selling price $360,000

4 units, all are occupied, no repair costs required. Similar units are renting for $850-950 in the area. I used $900 on this deal. Is this a deal or not, and why in either case? 

Looking to buy in Dallas/Fort worth area or generally in Texas or nearby.

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