New Construction Fourplex Deal Analyzation
Hello,
I am wondering if I have the correct mindset when it comes to this new build property in San Antonio Texas.
I am planning to buy my first investment property which is a Fourplex in Windcrest Texas just inside of San antonio. The price of this property is about $860,000 reference is below.
I plan on Renting out all 4 units which will gross around the $6,000 mark.
In total my costs should range about $5500 and I may be able to raise the rent over time.
I am doing this passively as i own a different company which takes the span of all my time.
Would this be the correct mindset and is there anything i should watch out for when it comes to this multifamily deal?
Thank you,
https://www.redfin.com/TX/San-...