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All Forum Posts by: Jay Yiu

Jay Yiu has started 8 posts and replied 11 times.

General Landlording & Rental Properties

Post: Newbie

Jay YiuPosted
  • Fort Smith, AR
  • Posts 11
  • Votes 6
I just found the property on lootnet. Can somebody tell is it good a bad deal? Im new Two buildings with 8 units per building with parking space between. Monthly gross income =about $5,550 per month. Three 2 bedroom units rent for $375 each X 3 =$1,125 and 13 one bedroom units rent for $325 X 13 =$4,225. Plus laundry room brings in about $200 per month with two coin-op washers and two coin-op dryers that go with sale. Built in 1977 Total 16 unit Sell price: 330,000
1 Vote