Thoughts on analyzing this deal

[Andy Sabisch]

We are looking at this triplex unit and wanted to get opinions on the deal.  We are not showing a management fee because we are planning on renting one of the units to our daughter and have her serve as the manager for the other two units (feedback on that is welcome as well).

The units have been updated in the past few years and the owner is a licensed contractor who did a good deal of the work with his company (plumbing, electrical, windows, roof).

We are planning on using a HML that is offering a 30-year fixed load, 1 point to cover early refinancing since they do not have a penalty to do so, an underwriting fee of $995 and a processing fee of $695. Interest rate is 4.75 with 20% down.

Any feedback on all aspect are welcomed from price to management to estimates to loan terms . . . 

Thanks in advance

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