[Calc Review] Help me analyze this deal - Would you do this deal?

[Maurice Blackledge]

Hi BP,

 I am looking a the following triplex (View report) and trying to determine if its a good purchase (conventional).

My biggest hangups are the age of the house and the fact that the utilities are included in the rent which I would change to have the tenants pay directly after the initial lease is up.

Thanks for the help!

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

[Martin Lindsay]

Not unless there's some value add opportunity along with sticking utilities to the tenants. It would take you over 9 years to make back your down payment and actually start profiting with that current cash flow. I always look to buy rental properties using the BRRR strategy so that I can pull at least some of my money back out.