[Calc Review] Help me analyze this deal (Sanford FL)
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Really interested into moving into larger properties and I found a property that is slightly under market with rents. Looks like I get another $450 mo bringing all 9 units to market. There's also a gutted former 10th unit that could be a laundry/storage. It's about 600 sq' and could easily be turned into 3 storage units at $100 mo each and room for laundry that could bring in another $150 mo.
What do you guys think?
- Jason