Updated about 7 years ago on . Most recent reply
[Calc Review] Help me analyze 8 unit deal in Ohio
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Hey guys, what do you think about the numbers ran on this deal..I know it says rents are at 550, new renters at 575 but after doing a market analysis I included rents at 590 in my analysis which I still believe are competitive with the current market rents. I am assuming that I can buy this deal at 265k even though it's listed at 319k.. It was last sold for 240k in 2016. I kept cap ex and repairs at 5 % with it being built in 1972 and looks in decent condition, however an inspection may say otherwise. School districts are average and household income is above average compared to Ohio averages.