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Buying & Selling Real Estate

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Anthony Larson
  • Real Estate Investor
  • Las Vegas, NV
8
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180
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Looking at a deal

Anthony Larson
  • Real Estate Investor
  • Las Vegas, NV
Posted Jan 11 2010, 19:54

249900 8 units

3 @ 375
1 @ 400
2 @ 450
1 @ 475
1 @ 650

42600/12= 3550
3550 * .5= 1775

20 down at 6.5% payments are 1330
cash flow per door 55.63

been on market from early 2007 and has been lowered in price from 279900 completely renovated no capital expenditure(I would varify this)

BUT property is out of town owner and I think I could get better terms than crappy conventional financing and/or lower purchase price

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