佛羅裏達中等城市,大約有人口30到40萬,主要靠旅遊業/海軍事基地,很白的沙灘. I plan to keep the fourplex for the long-term rental and transform the duplex for airbnb. we have many tourists coming to the whitest beach here.
這兩個房子哪個是更好deal?
I made an offer to the fourplex. The seller is willing to sell at $395,000 with $10,000 deposit. After thinking it over, I won't go for the fourplex because of the high HOA and water fees (2300+3000 per year). It's easily to tell the housing market is gradually down in FL and better deals will come out.
Duplex | fourplex | ||
sqft | 2048 | 3168 | |
year built | 1984 | 1984 | |
wire | |||
asking price | 275000 | 410000 | |
property tax | 1670 | 3,540 | |
water | 0 | 3000 | |
sewage | 0 | ||
HOA | 0 | 2300 | |
hazard insurance | 2000 | 4500 | |
other fees/repair | 2700 | 4404 | |
last sold | 349900, 6/21/22 | ||
total expenses | 6370 | 17744 | |
total rentals | 27000 | 44040 | |
cap rate | 7.50% | 6.41% | |
price/sqft | 137.3877 | 135.0202 |