[Calc Review] Help me analyze first small multi-family deal

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  • Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
    6y

    For a small town in the Midwest that cap rate isn't great, that is also the cap rate after you took $30k off the list price, I'd pass.

  • Member since 2019 · 18 posts · 6 votes
    6y

    Thanks Aaron, I am a novice but multi-family around here are far and few between and the asking price always seems way too high to cash flow. This one is even in one of the smaller city's near me.

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