Updated over 4 years ago on . Most recent reply

Analyzing a multi family property
Hello all, I’m looking for a few helpful pointers when analyzing a multi family deal. I am currently looking at an 8plex unit and am trying to see if it is a deal or not. What are some of the main things I need to learn about the property and ask the seller?
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You need to get the rent rolls or a T12 along with all the income and expense info so that you can calculate the CAP rate. See the following for more info:
3 Metrics Crucial for Finding Amazing Apartment Building Deals
Cap Rate: A Must-Have Number for Rental and Commercial Investors
How to Calculate Cap Rate (& Where Many People Get It Wrong)
How to Calculate and Identify a Good Cap Rate
Cap Rate and Cash-on-Cash Return: A Definitive Guide
How to Know What Cap Rate to Shoot For on Any Given Rental Property