Updated over 7 years ago on . Most recent reply
HELP - Quadplex worth the investment?
Having some trouble with the rental property estimator on this site and am looking for any opinions on whether this makes financial sense as an investment property. Thank you in advance for sharing your time and expertise:
4 plex: Annual Bills
Insurance: 1,685.96
American Waste: 195.00
DTE: 687.80
Plow: 450.00
Tax: 5,298.06- estimated new tax: $6200
Monthly Rent: 3,000/ Annual: 36,000
310K with 20% down at 5.5 over 30 years