This $185K Fourplex Could Produce a 44% Return

[James Wise]

This $185K Fourplex Could Produce a 44% Return

During the 2,947th episode of The MLS Search & Analysis Show, James Wise analyzes a fully renovated fourplex that could produce nearly $4,000 per month in rental income. James explains why four-unit apartment buildings may offer the best financing opportunity for newer investors, how Section 8 can reduce nonpayment risk, and why having multiple occupied units helps protect properties in higher-crime neighborhoods. He also breaks down the neighborhood risk, current below-market rents, projected operating expenses, financing advantages, and the negotiation strategy needed to potentially produce a 44% cash-on-cash return and a cap rate above 15%.