Updated almost 10 years ago on . Most recent reply
Is this a Good Multi Family Investment Property?
https://www.biggerpockets.com/calculators/shared/3...
Id like to know if the BP community can help me identify if this is a good investment or not Or point out some discrepancies in my analysis.
My goal is cash flow, but will settle for tenants covering the payments.
Most Popular Reply
Hi Kevin,
I'm from New Jersey as well and I have been a broker here for 10 years. I sold property in that neighborhood and just looking at your analysis it seems pretty solid and on point! The only discrepancy on the analysis is that you have "after repair value" of $160k because that's a two family and in that neighborhood it should be about $225k. Good luck!
James Leake