Could This Be A Good Deal Or Am I Smoking Crack!

[ Follow Ups ] [ Post Followup ] [ CREOnline Commercial Real Estate Q&A ]

Posted by Tawn Smith on January 24, 2010 at 11:57:37:
Price: $2,490,000
Cap Rate: 16%
Occupancy: 20%
104 1bdr units $555mnth rent 650sft
PRO FORMA
Gross Income $640,050
Operating Expenses $239,920
NOI $410,120

Follow Ups:

Please be careful w/ this one!! Gary 22:18:03 02/20/10 (0)

Re: Could This Be A Good Deal Mark (SDCA) 09:25:45 01/25/10 (0)

Post a Followup
Name    : 
E-Mail  : 
Subject : 

Comments:


 
[ Follow Ups ] [ Post Followup ] [ CREOnline Commercial Real Estate Q&A ]
CRE Online, Inc. © 2007, All Rights Reserved.
creonline.com