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You just inherited $ 7 5 , 0 0 0 and you are considering investing all of the money in the construction of a multifamily
You just inherited $ and you are considering investing all of the money in the construction of a multifamily property in:
Last Name: AH: Portland, Ore, near NW West Union
Last Name IP: Renton, Wa near SW th PI
Last Name QZ: Spokane, Wa near S Regal St
You plan to build a duplex. Each unit will have beds and baths
Market Competition use
craigslist.org
Determine the size in square feet and the rental prices for the nearest competing rental properties with bedroom bathroom units include houses and apartments
Average rent $
Averag size sf
Average rental rates per sf
Construction Costs: use
buildingjournal.com
The building will be stories with vinyl siding no basernent and standard quality
Contractor Design Fees Contingency
How many total square feet will you need to build for the two units based upon the average per unit size of the nearest competing bed bath homes or apartments that are for rent
For your area, what is the: Cost per square foot: Total construction cost:
How much will it cost to build the units using the wwwbuildingjournal prices, if the land costs $ $
Financing
If you used the entire inheritance for a down payment and have closing costs of $ what will be your loan amount?
What will be your monthly mortgage payments for a year mortgage @
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