Updated over 8 years ago on . Most recent reply
Duplex purchase advice-- would you take this deal?
Feedback welcome on this:
Price $91,725
Units: 2
Rents: $1425
Taxes: $1496
Insurance: $731/annual
Type: Attached duplex, brick construction
Class C to D neighborhood
Finance: 25% Downpayment, $22,931. Loan, $68,794.
Mortgage Interest rate 4.75%
Escrowed Paymemt: $544.
Inspection: $450
Management: $145
Repairs: $150
Cap Expenses: $125
NOI: $461/monthly. $5532/annually
Do you need any more information?
Would you take this deal?
Thanks for your comments and thoughts!
Chris