The addition adds 1 bed, 1 bath, and a den (plan to knock a wall out to open up the living room that separates the den currently).

Details:Purchase price $69,000, 2.2k seller credit towards closing costsOne 2-bed 1-bath unit and One 1-bed 1-bath unit, shared basement. 

For Example a 1200 sq ft 3 bed home with neutral decor will rent for x amount of dollars.After you have figured out the rent and the product you want, factor in the 50% rule and then set the auto MLS search parameters for a low enough price point that it cash flows.

Nice 5 bed/ 3  bath 2500 sf home.  

Obviously the suburbs are going to attract more families, which most of them would require something bigger than 2 beds.

All brick, 4 bed, 2 baths, over 2630 sqft.

All brick, 4 bed, 2 baths, over 2630 sqft.

I'm looking at a duplex as a buy and hold property where I would not live in either units but would be the PM.Purchase price $150,00020% down 30 year mortgageInitial cash invested $34,500 ( closing costs 3%)1,500 SQFUnit 1- 1 bed 1 bath rents currently for $775 but will be going up to $800Unit 2- 3 bed 1 bath and will be renting for $1,000Gross rent- $21,600Operating income- $19,872Operating expenses- $8,343Taxes- $6,200NOI- $11,529Cash Flow- $4,654Cash on Cash return- 13.5%This would be my first duplex and looking for any insights on if this is a solid deal or what numbers I would need to make this work.Thanks!

My children are young, and I work second shift, It's easier on them to go to bed at a normal time, and not be drug out of their beds in the middle of the night when I get off work. 

It seems this house is the most undervalued in the lot and it's the same 3 bed 2 bath as the rest but about 200-400 less sqft as the median.