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Updated over 3 years ago, 03/20/2021
Help me analyze this deal. Thanks in advance.
*This link comes directly from our calculators, based on information input by the member who posted.
Good afternoon everyone... As always, your input would be much appreciated. As it is often said on the BP Podcast, buying a rental property is like buying a little business... In this particular deal analysis report, you'll find a mix use commercial/multi-family property. I went with the area median rents on the three 2bd-1ba's and assumed $1800/mo from each the four business spaces (two are below the 3 apartments and the other 2 are in the other stand alone building).
The objective of this purchase would be to make a little cash flow from multiple sources, all under one roof (well, two roofs to be exact). If allowed, I would do my own property maintenance for the first few years as I plan to move closer to this location and while I make a name for myself and my business.
Thanks in advance for your time.