Updated over 5 years ago on . Most recent reply
Rental property analyzer
Found a deal in Springfield IL in a good area. Triplex with rents for 700 each, property taxes of 3,500 per year. I would like to live in one unit and rent out the bedroom. What would you offer for this place? Off market deal. Fair market rent is probably 825 and I would only pay for trash and lawn. Thanks I’m thinking 135,000. Will probably need a few big ticket items like ac units soon.