8 units (3 bed/ 3 bath for each)

3 bed/ 3 bath  for each unit, total 8 units. 

The price is little high of course. But considering the condition it is not too bad.  it is still doable. We are 1.5 hours away, so do not want to do big renovations. Of course we lose the opportunity of forced appreciation (renovation/ increase rent/ cash out). We can improve the management to get better numbers on P&L form. 

In this hot market condition, not many good deals now. Maybe we need to more patience. :)

 

所有跟帖: 

这个修的很高档。我一般是把学校周围的房子买下,算部重做。租金和你差不多,600一间。每个units便宜一点。不过市场不一样 -tallcuterich- 给 tallcuterich 发送悄悄话 tallcuterich 的博客首页 (0 bytes) () 01/12/2022 postreply 01:07:00

kind of high-end -xhjaer19721- 给 xhjaer19721 发送悄悄话 (811 bytes) () 01/12/2022 postreply 01:36:37

above has wrong equation. property appreciation= $10800 rent inc -xhjaer19721- 给 xhjaer19721 发送悄悄话 (0 bytes) () 01/12/2022 postreply 01:40:45

yes -xhjaer19721- 给 xhjaer19721 发送悄悄话 (101 bytes) () 01/12/2022 postreply 01:42:21

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