Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago on . Most recent reply

Multi family property
Hey, guys! I was wondering if someone can break down this summary for a property in detail!
"Portfolio of 2 buildings on the same lot with 6 units each (12 units total) at a price of $770k. Owner financing/seller carry via master lease-to-own contract is available. The terms are 25% down payment, with a master lease of $3,930 a month = equal to 75% of the current NOI (equivalent to 20 years amortized, 3 year balloon, with 5% interest rate)."
They are only selling 6 units.
PP: $485k (6 Units)