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General Landlording & Rental Properties

Post: positive cash flow?

N/A N/APosted
  • Posts 1
  • Votes 0

I am looking to buy some duplexes from a guy, this will be my first rei adventure, but cant figure how the numbers will work. We haven't talked about prices or any of that yet, but I figure the units go for about 450 a month. So that's 900 for both. Now I figure the price will be around 140,000 for each duplex. It seems like the payment will exceed the rent coming in. Any help?

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