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Real Estate Deal Analysis & Advice

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help me analyze this property

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Posted Aug 3 2008, 10:54

It's mix use. It has a store front (been there for 5 years) and two apartments above. It's a main street in a up and coming town.

asking price is 345,000

Rent Current Market Status
Store 750 1170 Lease till 02/08
2 BR 750 800 Month to Month
4 BR 1300 1300 lease till 10/07
total 2800 3270

total expenses from last year 10,371

total sqft = 5280

let me know what you think...

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