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Real Estate Deal Analysis & Advice

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John D.
  • Rental Property Investor
  • Allentown, PA
105
Votes |
279
Posts

Multifamily Tri-Plex deal

John D.
  • Rental Property Investor
  • Allentown, PA
Posted Aug 8 2016, 14:28

Looking for opinions on a property I am considering.  Asking price is $180,000 but there is definitely some room for negotiation.   Comps for this size home are substantially less (around $120K) but those are for SFRs.  

My goal for this year is to own 2 investment properties cashflowing for cashflow of $200 and up and I want to be able to utilize the equity in the properties to continue purchasing more.  

This is the first time I have attached a report in the forum.  Hopefully it is viewable.

Thanks everyone!

https://www.biggerpockets.com/calculators/shared/5...

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