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Jason Jones's profile image
Jason Jones's profile image
Jason Jones
  • Real Estate Investor
  • from Thousand Oaks, California
  • Member since Jan 6, 2008

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61
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Jason Jones's profile image
Jason Jones's profile image
Jason Jones
  • Real Estate Investor
  • from Thousand Oaks, California
  • Member since Jan 6, 2008
Jason Jones
  • Real Estate Investor
  • Thousand Oaks, CA
0
Votes |
61
Posts
Real Estate Deal Analysis & Advice

60 unit deal...

Jason Jones
  • Real Estate Investor
  • Thousand Oaks, CA
Posted

Purchase Price $856,000
Renovation Cost $550,000
Total $1,406,000

Q3, 2007 apprasial with quoted repairs $2,000,000

Expenses run 40%, plus vacancy (est. 10%).

Gross income is $330,000

Your thoughts?

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