Duplex and Triplex analysis

[Roy Gottesdiener]

Looking into these two deals, would appreciate your thoughts on the deal and my analysis.

Purchase price for the duplex is 115k with and triplex is 170k, both with 30% downpayment

[Christopher Miller]

My thoughts: I think under most cases, the triplex is your better bet assuming all your numbers are correct. Not sure why the taxes are so low on the triplex. Where do you get landscaping at 10 a month? For any sort of sizable yard worth hiring a landscaper for, I'm finding it to cost between 100-200 a month. I would also factor in 10% towards property repairs and capital expenditures. Not sure about the average vacancy rate in your area. I've never found avg vacancies to be above 6% for the areas I look at. 

[Roy Gottesdiener]

@Christopher Miller thank you!

For landscaping I used the previous payments and saw they came down to 120 yearly, but I'll check again.

For vacancy, I just bucket it with repairs and so 6% plus 10% would be around the 15% that I used.

That said, it feels like I'm missing something because the cash flow and CoC in SFH I own are much higher, I was sure that small multis provide much better returns