这个投资房值不值得买？

请有经验的地主们帮我参谋一下。值得下手吗？

7单元的一栋老楼， 就在约翰霍普金丝大学边上。很好的地区。详情见下。抱歉用英文写的。

New roof. Windows have been replaced. The building is in working condition but lots of small repairs needed, all units are tenant occupied. Heating is for whole property. Right now owner pay for heating cost but if I buy it I will divide cost and have tenants pay their share.Kitchen and bathroom are functioning but old. Some toilets are loose. Outside brick wall need to be re-pointed which would cost around $50k. Electric are fused based and need to be upgraded at some time, which will cost $17k.

No cash flow first year. Second year hopefully I can get the heating cost as positive cash flow. Then hopefully I can raise rent and get more cash flow...

Total year rent: $77,040

Property Management 8% $6,163

Vacancy 5% $3,852

Taxes & Rental $12,676

Insurance $4,256

Repairs Residential $3,500 (actual, according to seller)

LL Electric and Gas(Common) $7,308 (mainly heating, which I hope to have tenants pay)

LL water $1,878

CAPEX set aside $4,800

Other expense $1,500 (actual)

NET OPERATING INCOME $31,107

Price $640,000

Capped rate 4.91%

FINANCING

Cash From Buyer 25.00% $160,000

First Mortgage $480,000

Closing Cost estimate $20,000 

所有跟帖： 

• Homewood 还是downtown medical campus? -山高路远- ♂ (0 bytes) () 10/10/2017 postreply 20:08:47

• Charles Village -老年高- ♂ (0 bytes) () 10/11/2017 postreply 04:10:34

• cap rate很低 -Impartial88- ♀ (0 bytes) () 10/10/2017 postreply 20:37:18

• 即使上述数据非卖家提供，以16+2+5+...=20多万的投入，没现金流，第二年的现金流为虚， -守月- ♀ (87 bytes) () 10/11/2017 postreply 09:37:31