6 Unit Apartment Building, Is it a good deal?
Hello BP,
I am interested in buying this 6 unit apartment building.
6 Unit Building, Each unit is 2 bedroom 1 bath, 725 sqft
Total rent $3400 per month
Taxes $459
Insurance $250
Repair & Maintenance $300
Cap Ex $150
Vacancy & Uncollected Funds $340
Trash $60
Lawn Care / Snow Removal $125
Electric, gas, water and sewer are paid by the tenants.
Purchase price $165,000 (seller will be paying my closing cost)
Click the link below:
https://www.biggerpockets.com/calculators/shared/1...
Would like to get your thoughts.
Thank you.
-
Real Estate Agent IL (#471018522)
- Decent Properties, LLC
- 618-406-9775
- http://www.decentproperties.com