DFW 4-Plex
under contract at 170k
GMR $2,600
Insurance $125/month (actual quote from insurance)
Taxes $250/month
Maint. $130/month
Capex $270/month
Vacancy $130/month
Gas $85/month
Water/Trash $160/month
Financing: 20% down at 4.65% for 30 years
PI $700/month
24% COC
Electricity is tenant paid and the plan is reduce rents to 610 and pass the other utilities on to the tenants as well. Any thoughts on this deal, am I missing anything?
Most Popular Reply
Looks like a great deal. Go buy it :)