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Updated over 5 years ago on . Most recent reply

User Stats

82
Posts
23
Votes
Besnik Kadriu
  • Real Estate Agent
  • Boston Ma
23
Votes |
82
Posts

Good deal or not ???

Besnik Kadriu
  • Real Estate Agent
  • Boston Ma
Posted

Hello everyone. My name is Nick from

Boston Ma ,

Went and saw a house today. It’s a 2 and a Half family house. I know it sounds weird, but it’s listed like that and. 2 units are 3 beds each and the Third floor is a two bed. That’s the only difference.

Numbers that I ran

Actually rents are $6000 per month

Unit 1-$2100. Unit 2-$2100 - unit 3$1800

Asking price 669k , 3300sq

Taxes $7800

Insurance $2400.

Vacancy at 5%

Maintenance at 7%

Utilities at $2400 per year.

20% down which $141k

Cash on cash is 15.36

The numbers seem to be really good.

Now with the rent situation being what it is would

You still pull the plug and buy it.???

Thank you!

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