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Updated almost 5 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Karan Jhavar
  • Rental Property Investor
  • Milpitas, CA
1
Votes |
11
Posts

Need advice - North Austin 4-plex off market

Karan Jhavar
  • Rental Property Investor
  • Milpitas, CA
Posted

Dear BP Members,

A 4-plex deal came across and I would like some suggestions if this is fair deal given the crazy market in Austin.

Specifics below -

  1. 4-plex each unit 2 bed 2 bath. 
  2. Built in 1990s
  3. Area - North Austin (RR, etc)
  4. Offer price - $615K
  5. Rent Roll - $4650 per month
  6. HOA $265 per month
  7. Any major expense (roof, foundation, AC) - none

Thoughts?

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