[Calc Review] Help me analyze this deal
Hi BP - I'm looking to make an offer on a MF - my first purchase ever. I'm wondering if my inputs/estimates are accurate, bc I can't seem to get the cashflow. Asking price is 399K.
Note that I am in the NY tri-state, and the home is walking distance to a train that goes into NYC (about 30-45 minutes).
I intend to live in one unit and rent out the other, and make cosmetic updates/ minor repairs while I live in the unit. Any advice/suggestions welcome!
*This link comes directly from our calculators, based on information input by the member who posted.