Southside Easton PA Four-Plex

[Stefan Huber]

Hi All,

I have come across a four-plex in Easton PA which I think could be a very interesting first investment.

I will include my property analysis, so please let me know what you think!!  

I was wondering if anyone could help me with a few questions:

1. 1. What is good cash flow for properties in this area? My research has shown about $100 per unit
2. 2. What is a good basis for a per unit cost in this area? My research has shown about 80-90K per unit
3. 3. What are the best areas of Easton/ is the south side of Easton a decent neighborhood? I know that the best way to find this out is to go there but at this point, I want to know where to look to narrow down me speculations. 
4. This property is on the south side of Easton for 340k.  It has 4 2 bedroom 1 bath apartments. Newish roof and all split utilities. 
5. To me, it seems like a great investment considering everything is relatively new.
6. Please let me know what you think!