Updated about 6 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
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If I could afford $4000 a month in rent, I would just buy. Your pool of applicants is going to be ridiculously small.
Take your money and put it into C/B assets with more meat on the bone for rentals. Also be ultra conservative in your numbers. I've estimate 10% CAPEX and 10% maintenance on my duplex and I've blown those numbers out of the water. Things break or need replacement.