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Updated almost 12 years ago,
Advice on $230k Duplex
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.