Possible duplex deal
I am considering a duplex; here are the details:
good area, asking price is 96k, one half is a 2/1 rented @ 550, the other half is a 1/1 rented @ 500. Older home in good shape.
To me, its a possible deal @ 70k (assuming 7% apr) and looking for $50/month cash flow--what do you think?