Updated about 10 years ago on . Most recent reply

Fully Leased Multi-Family - How much to offer?
Hello BP, I'm looking for feedback on a property we are analyzing. Please advise on what we should offer for max ROI based on gross income and expenses.
Market Price = $275,000.00
Annual gross income = $36,000.00
Annual property taxes = $4,200.00
Annual water, sewer, trash = $5,256.00
Annual insurance = $3,180.00 est
Annual NOI before P&I = $23,300.00
Any and all feedback is greatly appreciated. Thank you.
Aaron