During the 2,997th episode of The MLS Search & Analysis Show, I break down a triplex where the seller has already slashed the price by $111,000—and I still think we need to negotiate them down even further. With three legitimate two-bedroom units, separate utilities, strong rental potential, and projected rents around $3,175 per month, this property could generate approximately $38,100 in annual gross rent and roughly $20,000 in projected NOI. At my target purchase price of $240,000, the numbers could produce around a 15% projected ROI—but if the seller refuses to come down, I think we move on. Access the full deal breakdown with a VIP PLUS Membership.