I'm new to analyzing multi family properties. at 475k I break even, but the units are below market rent. Market rent is around $798, but to be conservative, my PM says we could easily get 600-650 per unit. Would you buy this deal for the potential?
Updated about 1 month ago
Try this link: https://www.biggerpockets.com/analysis/rentals/737821d3-c944-4fc3-83f9-7d2463d94fb6
The link isn't working for me.
I copied and pasted the hyperlink so hopefully it works now. If it doesn't, then I'll just write out the details of the deal