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Updated almost 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • WI (wisconsin)
4
Votes |
9
Posts

Multi family property, 19% CAP rate.

Account Closed
  • Rental Property Investor
  • WI (wisconsin)
Posted

Investment Info:

Small multi-family (2-4 units) commercial investment investment in Superior.

Purchase price: $193,000
Cash invested: $50,000

• Duplex purchased in 2018
• $50k down, 30 year term
• 19% CAP rate

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Mindy Jensen
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Money Podcast Host
  • Longmont, CO
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Mindy Jensen
#1 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Money Podcast Host
  • Longmont, CO
ModeratorReplied
Originally posted by @Account Closed:

He probably closed his account because he was attacked for making a mistake. He used the wrong term. A simple, kind correction would have sufficed, as @Derek Schlaht provided.

This forum is a place to learn. This forum is not a place to ridicule a mistake. 

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