Updated about 6 years ago on . Most recent reply

Help evaluate a property
$775k asking price
8 units (6, 2x1 2, 1x1).
Fringe neighborhood.
Class C
Built in 1980
Laundry on site. Leased W's/D's
Total monthly rent $6800.
Expenses?
Desert landscape...no landscape costs.
No or go?
Just curious what everyone would calculate the Coc to be. Assume 5% 30 years. 25% down.