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Updated over 4 years ago,
Thoughts on an analyzed deal
We are analyzing a deal on a duplex, built in 2004. Listed at $190k. Each unit rents for $750. Tenants pay all utilities.
Down payment: $38k
Monthly payment (including utilities, principal, tax, insurance, repairs): $975/month
Monthly income: $1500
__________________________________________________________________
$525/month
Thoughts?