[Calc Review] First investment - 4-plex
*This link comes directly from our calculators, based on information input by the member who posted.
We are looking into purchasing our first property and it's a fourplex. We will be living in one unit but are calculating it based on being fully rented. The loan is a VA loan so 0% down. Asking price is $285k but calculations are based on $240k. Utilities and rents are based on what current owner pays/receives. It seems we would just about break even at that price but I'm trying to figure out if my calculations are correct or if I'm over/under or missing something entirely. Thanks for help/input!