Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

123
Posts
43
Votes
Jon Lafferty
  • Investor
  • Woodstown, NJ
43
Votes |
123
Posts

Duplex analysis in nj

Jon Lafferty
  • Investor
  • Woodstown, NJ
Posted May 3 2014, 14:39
Ok gang Here is a duplex deal I am analyzing . Hoping I can get some insight from you all. The main thing that caught my interest is the seller financing with sub-2 terms. Purchase price 65k Rehab cost 65 k ARV 190k Monthly rent 2100 Taxes 5500 annually The deal is that I will take over the previous owners payment @700 monthly. Typical sub-2. From there I would rehab and try to get it rented out at 1050 per unit per month. My goal is to cash out refi at 70% ltv @ 133k Thoughts?

Loading replies...