Analyzing 3 Duplexes & a Vacant Lot
I'm trying to analyze a property a day. Brandon suggested in a Webinar to make an offer a week, but I can't really offer anything because I have no money. I live in Tallahassee. I found an interesting property near FAMU and FSU and downtown. But I really wonder about things about the property. Running the Rental Property Calculator, I get a monthly cash flow of $1,180, which would be $130 per door. But nowhere lists how many units are vacant. I understand you can ask to see a rent roll when your offer is accepted. Nowhere tells what type of construction or roofing it is; it says other. Purchase price is $95,000. I analyzed it at 30% down, 30-yr., 4.5%.