Good Deal?

[Zamir Kazi]

This is a 42 unit apartment complex. Fully occupied, attached below are the numbers.

A few things will be different here:

1) Purchase price will be $2 million

2) Interest will be most likely 5% instead of 6% 

3) Hoping to get it with 25% down instead of 30%

So CAP should be higher, as well as cash on cash return

See numbers below