4-plex analysis
I have a short sale 4-plex in CA for 130k (plus 7k to pay of the second loan). It rents for $2600 in total. I would love to see this deal put through the BP ringer and get some feed back on it. ?Thank you
Some numbers on the property
Rent total +$2600
Monthly expenses
Principal & interest -$694
Water -$350
Trash -$250
Vacancy %10 = -$260
Repairs % 5 = -$130
Property management = %8 = -$208
Insurance = -$140
Yard work = -$50