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Real Estate Deal Analysis & Advice

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Jason Ahn
  • Andover, MA
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6 Units - Multi-Family (Mass)

Jason Ahn
  • Andover, MA
Posted Feb 27 2017, 15:21

I would like to ask if the property below would be ok. I am a new investor.

Price: $320,000

Scheduled Gross Income $50,400

Effective Gross Income $48,384

Operating Expenses $24,496

Net Operating Income $23,888

Tax: $3,654

I think I can increase the rent to 55,000 easily. Please let me know what you think.

Thanks,

Jason

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