Deal Analysis
Thoughts on the below?
5 Units
1 duplex - Two 2/1's
1 duplex - Two 1/1's
1 SFR - manufactured gutted with additions so that it looks like house on inside and out.
1+ acres
9% cap rate
The numbers work and can work. Would you be scared of the SFR being manufactured as long as the numbers work? The purchase price is $250K.
Thoughts?