FIRST TIME INVESTOR/DEAL ANALYSIS

[Kyle Thompson]

hey guys,

I am new to the forum. 24y/o old entrepreneur here, and was wondering if you could give your input on my numbers for a prospective deal on a duplex. I intend on living in the lower unit.

Upper unit rental: 2100-2400

Mortgage: 1605

Estimates on Expenses

Prop Tax: 6000/year
Insurance: 1400/year
Water: 1200

One of the nicest duplexes in my city, whole thing has been renovated past 2 years. Property is in a great neighbourhood, with balcony views of a public park in both units.