Updated almost 7 years ago on . Most recent reply
Walk me through the steps of evaluating this deal please
This is a triplex in the local area being sold for $279,000 generating $2310 a month the realtor gave me a list of expenses.
Mortgage =$1114
Hydro. =$176
Insurance =$230
Internet. =$115
Taxes. =$230
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@Cole Black just using the 1% rule of thumb its a pass