[Calc Review] Help me analyze this deal
This is my first post to BP. I am looking to buy my first multifamily in the Chicago area. However, my final numbers don't seem to come out right, or maybe they are just not good deals.
This particular unit is a 3 flat in Arcadia Terrace with two 2 bed/1 bath and a 1 bed/1 bath in garden apt. Do my numbers look right to you. I tried to be conservative. The building has radiant heat that I would replace with an HVAC system. I would also like to install washer/dryer hookups on the two upper units.
I would appreciate any feedback.
Thank you
*This link comes directly from our calculators, based on information input by the member who posted.