Hello BP members, I am in the process of evaluating 6 unit multi family with tenants in place until Feb 2026. 3 unit ( 2 b 2.5 bath) townhome3 unit (studio 1b 1b) Here are the numbers Asking Price : $725000Down Payment : 25%Seller Financing : 3.5% (Interest Only) 5yr balloon period ( Principal Amount due : $543750)Total Gross Rental Income : ~$81000 annuallyTotal Annual expenses : $45400$7200(Property Management)$12000(Owner Paid Utilities)$12000 (Taxes + Insurance) $2200( Pest control + landscaping) $12000 (Repairs/Capex Reserve )Net Operating Income : $81000-$45400 = $35600Total Cash Invested : $181250(down payment) + $13000 (closing cost) Annual Deb Service : ~$19000(Interest only)Net Income : $35600 - $19000 = $16600Cash flow per month : $1400 Cash on Cash Return : ~8.5%There is an upside potential on increasing the rent on 2B units during lease renewal. 

Hey BiggerPockets fam,I used to live in Tulsa, but now I am OOS and would like to continue to invest there as it meets our goals.Would you invest in a new construction duplex like this? https://docs.google.com/documen...

Quote from @Darryl Jones: What technology do you recommend for researching and evaluating Properties?

The BiggerPockets Deal Calculator is a helpful resource specifically for evaluating small multi-family properties.

The primary categories are 1) DIY, 2) hire someone for a virtual evaluation, and 3) hire someone to walk the property and evaluate. 

I was curious as to what my income was for June, July and August at our Lake House in SC.We have owned this house for 15 years and have a low interest loan.We could still pick up more bookings in August, but it is pre...

**Educational Videos and Articles:**Check out articles on Investopedia for in-depth explanations of real estate investment concepts.Consider watching videos by channels like The Real Estate Guys or Ken McElroy for expert advice on evaluating deals.By consistently learning and practicing with these tools and resources, you'll build the confidence and knowledge needed to tackle real estate deals effectively in the future.

Quote from @Bryan DeFoe: Hello All, I’m evaluating whether to participate in preferred equity capital calls for two syndications: 1 - I originally invested via my personal trust and via my solo 401K.

To evaluate deal s you need to know some key things1) the formulas to evaluate deals2) you need to know your market so you know what numbers to put into the formulas3) you need to know the different types of financing you can get and what the terms areYou can learn a lot of this on BP.

Land deals in the Carolinas can be goldmines when evaluated right.