Updated over 9 years ago on . Most recent reply
Need some assitance analyzing this deal!!!
I came across a potential deal on an internet listing. I have been trying to run the numbers and do research and trying not to let emotions take over. If I could have a fresh set of eyes look at it as well for some input I would greatly appreciate it!
Most Popular Reply
Sagar, without getting too deep into the numbers I can see the advertised cap rate (which is always bogus) is 5.86%. If you think investing $700K to make $39K is an acceptable return then go for it. I need to make more than that. My buy price would be around $200K - $250K.