Skip to content
Real Estate Deal Analysis & Advice

User Stats

29
Posts
8
Votes
Garrett Masiulis
Pro Member
  • Real Estate Agent
  • Jacksonville, FL
8
Votes |
29
Posts

First deal under contract! Thoughts?!?

Garrett Masiulis
Pro Member
  • Real Estate Agent
  • Jacksonville, FL
Posted May 13 2018, 17:52

4 Plex, 3686 sq ft

Purchase 270k

Rents $700/unit ($2,800/mo)

Repairs = $0 (Advertised as turnkey) Will negotiate after inspected if needed

PITI = $1,475

Vacancy = $140 (5%)

Repairs = $140 (5%)

Capex = $140 (5%)

Management = $280 (10%)

Garbage/Lawn = $150

Water/Electric are separately metered.

Am I missing anything?

Loading replies...