help me analyze a deal I'm looking at
I've never done a deal like this before. Its really big, but if interesting, I could ask other investor to venture with me.
This is a hotel list in my neighbourhood.
Asking Price : 1,299,000
anual Income: 351000
Expenses:
Insurance: 2891.28
Water: 2321.64
Hydro : 13760.52
Garbage: 1953.96
Taxes: 32870.10
Other: 10036.32
TOTAL: 63833.82
Net Operating Income: $287,166.