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Deal Analysis Numbers
Hello! Running the numbers to a local property in my area Westchester, NY . I know this deal is not so good as the CACROI is very low but my main interest is if my numbers/formulas are correct. I've been scanning the local area to buy my first multifamily unit. I will live in one half and a tenant will occupy the other. Let me know what you think and if i am missing anything!
My goal is to find a property in the near future that can provide me with a cash on cash ROI of 8% or more. If you see anything that looks wrong please correct me. Just looking to learn. Thanks
Jimmy