Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

15
Posts
1
Votes
Jeff Lever
1
Votes |
15
Posts

Quick Analysis of Mutliple Duplexes?

Jeff Lever
Posted

What would you pay for 3 Duplexes (6 units) in what appears to be pretty good shape - fully rented w/ each unit bringing in $625 on average ($3750/mo)?

Property is also an hour away, which means that more than likely we'll have to use a property management firm to handle tenant issues and maintenance costs. I'm not sure what landscaping costs would be, but it's a very open/flat space that's about 1.5 acres of 99% grass. 

Brick duplexes all look to be in good condition w/ no deferred maintenance, on septic systems, tenants pay all utilities. 

Just ballparking it right now to see whether the asking price of $500k is fair or overpriced?

Loading replies...