Posted by Ari Kumpis on July 14, 2009 at 16:50:16:
In Reply to: Analyze deal posted by david on July 04, 2009 at 11:11:50:
The numbers show good. 8x gross, $400/month positive cash flow (Assuming financing at 6.5%, 30-year fixed, 25% down). My only concern is the age. It may need a new roof, HVAC, etc. This could be costly, but rents seem very good.