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Updated 5 months ago on .

Account Closed
1
Votes |
11
Posts

Need help analyzing a deal

Account Closed
Posted

Theres a multi family im interested in purchasing, the current income is

$36,000 per year. I would like to purchase at a 9% cap rate.

I'm trying to find what that price would be. Is it even possible

to calculate because to get the NOI I would need to know what mortgage

would be so I would first need to know a price. Is this correct.