Duplex #'s - Deal or No Deal?
Would love input/opinion on this potential property. Strictly looking at #'s...
Location: Sulphur Springs (low crime area of Sulphur Springs)
Purchase Price: 170k
Rental Income: 1850
Type: Duplex (2 bed 1 bath & 2 bed 1 bath)
Condition: Turn-Key property. A+ condition. Tenants currently in place and want to stay.
My CAP rate calculation is ~5%... Thoughts?