My first multifamily deal
Hey everyone, so I have a duplex in round rock. I'm kinda nervous, I ran the numbers it seems ok but some feed back would be appreciated.
So have it under contract for 180k, 20% down finanacing 135k @ 4.3% for 30yrs. It's currently renting for 750 a side they're 3/2 with a one car garage. Market rents are 1050 eq. if I did the math right after dumping an additional 30k in rehab I should be cash flowing about $460 a month. Thanks