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

Member since 2019 · 18 posts · 6 votes

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Aaron K.
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.
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Victor Wasson
OP
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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