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Updated almost 12 years ago on . Most recent reply

David Kay's profile image
David Kay's profile image
David Kay
  • from Rochester, New York
  • Member since Jan 18, 2011
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25
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1
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David Kay's profile image
David Kay's profile image
David Kay
  • from Rochester, New York
  • Member since Jan 18, 2011
Connect
David Kay
  • Rochester, NY
1
Votes |
25
Posts
Real Estate Deal Analysis & Advice

Advice on $230k Duplex

David Kay
  • Rochester, NY
Posted

Can someone walk me through how to correctly gauge cashflow on this property?

Cost: $230,000
Taxes: $7100/year
Rents Collected: $2400/month

Assume mortgage/tax payment is $1800/month for debt service.

Is this a good buy? This is a prime area with A Class tenants.

Let me know if you need anything else.

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