Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

Account Closed
  • Property Manager
  • Boston, MA
73
Votes |
194
Posts

Would you do this deal

Account Closed
  • Property Manager
  • Boston, MA
Posted

13 unit 2 buildings

Income: $125,440

Expense: $70,321

NOI: $55,119

Loan: 12 month, $35,000

10% interest only payment

$3,500/12= $291.67

21.8% IRR

12 month Ballon = $42,000

$42,000 - $35,00= $7,000

Payday #1= $3,500

Payday#2= $7,000

= $10,500

Would you guys do this.

Any questions comments concerns.

I’m all ears.

Thanks 

Dejesus

Most Popular Reply

User Stats

4,876
Posts
2,466
Votes
Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
2,466
Votes |
4,876
Posts
Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
Replied

I'm not following this at all, @Account Closed? Are you buying this property or making the loan? 

  • Jaysen Medhurst
  • Loading replies...