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Real Estate Deal Analysis & Advice

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Lindsey Clark
Pro Member
  • Real Estate Agent
  • Miami, Fl
31
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64
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Help me analyze this deal

Lindsey Clark
Pro Member
  • Real Estate Agent
  • Miami, Fl
Posted May 5 2021, 21:58

*This link comes directly from our calculators, based on information input by the member who posted.


Purchase price: $250,000. Putting 25% down amortized for 30 years. Fourplex, all 2 bed 1 bath units.Three units renting at $750 and one at $600/ month.

$2,850.00MONTHLY INCOME$2,231.01MONTHLY EXPENSES$618.99MONTHLY CASHFLOW6.77%PRO FORMA CAP RATE$16,914.00NOI3 monthsTIME TO REFINANCE10.83%CASH ON CASH ROI6.77%PURCHASE CAP RATE
View report for more details. 


Hi everyone! This will be my first multifamily deal as well as my first out of state deal. Found this one off market through my realtor. Located in Ohio in a desirable B class neighborhood. I plan to add value and increase rents. Anything else I should be taking into consideration? I appreciate any input.

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