duplex has no comps
this guy has 4 duplexes that he wants to unload. he was initially asking 450k for two and 500k for two. but if i bought them all he'd drop them to 400k for two and 450 for two....
1.7m total.
there are no comps that i can find.
duplex 1 net income is 2800
duplex 2 net income is 2800
duplex 3 net income is 3200
duplex 4 net income is 3600
expenses
duplex 1 prop tax is 7300 yearly
duplex 2 prop tax is 7500 yearly
duplex 3 prop tax is 7400 yearly
duplex 4 is 7400 yearly.
he said insurance is roughly 700 each yearly.
he said tenants pay all expenses and pay extra for their electricity and water and stuff.
what else am i missing?