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Multi-Family and Apartment Investing

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Justin Hicks
  • Athens, TN
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Purchase Analysis ??

Justin Hicks
  • Athens, TN
Posted Aug 12 2014, 13:40

Possibly can get a quadplex and duplex for $220k,, gross revenues a month are $2,686,, Property taxes are around $3,200 a year, insurance at $2,000 a year,,, possibly would get property managed at 8%,,, no deferred maintenance,,, lets say a 20 year note at 5% on 25% down,,, deal or no deal?

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