On market, fully renovated in a c neighborhood near multiple hospitals and large schools.
3 units 2 2/1’s and a 1/1 should rent for 1800+ conservatively (x2) and 1600.
I would plan to live in the third floor (1600)
Asking price 600k
20% down
PITI 3950
Or keep the down payment invested and keep looking for an off market to value add and hopefully leave less in the deal. Or put 5% down and pay out of pocket to live there and really not surplus after moving out factoring in saving the extra for cap ex abs vacancies. (Already discussed this vs 20% in another post as more if a general question, thank you all who helped there)
Would you do this deal?
byu/Numerous_Ad_1528 inrealestateinvesting
Posted by Numerous_Ad_1528