Duplex
2bd 1b upstairs
1bd 1 b down
1000 month total rent
53,900 seller pays closing
20% down
Monthly................
vacancy 80
capex 100
insurance 35
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Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area go for $30 - $40,000 less (traditional financing)
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