Run the numbers. 25% down on your loan at todays rates with $1300-1400 total rents should net about 6-7% on your invested cash with the cash flow just from rents. Add the anticipated yearly growth, asset appreciation, and this one is a definitely a winner. Owner recently acquired this property and has not rented these units so rent numbers are estimated. Some updates have been made to both units. Property is sold as is, owner will make no repairs.
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