Real Estate Deal Analysis & Advice

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Ley Nezifort
  • Rental Property Investor
  • Brooklyn, NY
47
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106
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First Real Estate Deal

Ley Nezifort
  • Rental Property Investor
  • Brooklyn, NY
Posted Sep 26 2019, 17:32

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $465,000
Cash invested: $23,250

Contributors:
Markus Jackson

Triplex in Newark, New Jersey; 9 Bedrooms, and 5 Bathrooms, currently using as a HouseHack.

What made you interested in investing in this type of deal?

Cash Flow

How did you finance this deal?

FHA 5% Down; Had a seller concession to cover closing cost

What was the outcome?

Projected Cash on Cash after year 1: Around 35%

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Peter Boutros

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