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Updated about 10 years ago on .

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1,561
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733
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Jay Helms
  • Rental Property Investor
  • Gulf Breeze, FL
733
Votes |
1,561
Posts

Triplex - Good Deal or not so good deal?

Jay Helms
  • Rental Property Investor
  • Gulf Breeze, FL
Posted

For those of you with a buy & hold strategy and aren't afraid of MFRs, considering the below data, would you move forward with this opportunity or not? Each unit on this triplex rents at $325, yielding approx $75/unit monthly cash flow. I should be able to pay off the mortgage in the next 6-8 months taking monthly cash flow to approx. $143/unit. 

I respect that any comments, replies, or suggestions are for entertainment purposes only and not considered legally binding. 

Keyword Alerts: Florida, Triplex

Tight lines.