[Calc Review] First House Hack QUAD w/VA Loan
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Help me with my first house hack, please!
1950s Quadplex, All 2BR/1BA Aprox 800sqft, 1 Vacant/3 Rented $1050 Mon2Mon, Electric Separate, Nat Gas 1meter/2units, Offer $370k, VA Fund Fee 2.3%, 2.875% 0 down
Disc: Duplex property (Maryland Suburb) Each side of the duplex is split into A-Upstairs, B downstairs. 4 Units, each 2 BR, 1 Bath fully rented @$1050 per month. Large corner lot with 6 storage sheds. Dual metered Gas and 4 metered Elec. Tenants are long term and on month to month leases. Units have been rehabbed and modernized.
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@Michael B. you allocated decent numbers for expenses, as long as those are on par for your market it looks good