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Updated almost 12 years ago on . Most recent reply

5 plex deal what yall think
Looking into getting my first multyfamily this is what the numbers look like to start off their is no tenants landlord hasant kept up with building for like 3-4 years .They have separate electric meters .Rents around here are 455 for 1-1 and 575 for 2-1 it consist of 4 1-1 and 1 2-1 I calculate I'm gonna put about 35 k into it to leave it like I want it central a/c and all. Their is a big demand for apartments cause their are lots of plant workers in area. The interest I think is gona be about 6% so what y'all guys think about it when its al said and donel done I'm gona pay all the water