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Real Estate Deal Analysis & Advice

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15 unit. 750K asking price. 650 rents. Good deal?

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Posted Aug 3 2008, 10:53

Hi guys

I'm considering this one.

Area is safe.

15 units, 2br each 800 sq ft, 1 bath

Rents 600 each

coin laundry in basement.

All updates are done. Needs nothing.

The asking price is 750K

Is that price good?

If not what price should I pay?

Also how much would I expect to pay for a management company?

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