Help me analyze this Brrrr Duplex deal
Hello,
I found a beat up duplex that is currently getting $750/ per unit.
I figure I can put $41,000 into it to get it really nice and raise rents to $875/ per unit.
I dont think he will take less than $117,000 and we think it will be valued at $190,000 afterwards.
I put the number into the Brrrr calculator.
I'm going for cashflow to free myself from the rat race.
Did I do the numbers right?
Seems like an ok deal, but not a homerun,
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