Deal Analysis: Think this is an awesome deal
Hey, guys. I found a duplex in SE portland with a good rental history at 850 per month per unit, with each unit being 2 bed 1 bath. From what i can tell they do not need any major repairs, and after plugging in the numbers the owner would net about 4-500 dollars per month. The asking price is 180,000 but i would offer around 140k, with my MAO being somewhere around 160k. The seller is advertised as motivated although who knows if he actually is. Curious what you guys think.