Duplex & 4-Plex Numbers - Updated with Monthly #s

Duplex and 4-plex by the numbers. There are several 2-4 unit properties for sale right now. Many are overpriced, when evaluating the current inventory (outside of the overall location), some things to review:

Property price is $200,000
Tax of $5,400 (2.7%) - Insurance of $1,200 - 20% Down - $150 Misc Expenses
Monthly rental income of $1,800 - Monthly cash flow of $289
Monthly rental income of $2,000 - Monthly cash flow of $489
Not factored is vacancy (typically 5%) and MGMT fee - Lots of ways to avoid MGMT Fees these days. If owner is paying any utilities, that would be factored as well, most duplexes tenants pay all - 4-plexes will vary on separate water meters and electric. Also, 4-plexes will carry a higher monthly Misc Expense


Property price is $250,000
Tax of $6,750 (2.7%) - Insurance of $1,500 - 20% Down - $150 Misc Expenses
Monthly rental income of $2,300 - Monthly cash flow of $450
Monthly rental income of $2,500 - Monthly cash flow of $650
Not factored is vacancy (typically 5%) and MGMT fee - Lots of ways to avoid MGMT Fees these days.


Property price is $300,000
Tax of $8,100 (2.7%) - Insurance of $1,700 - 20% Down - $150 Misc Expenses
Monthly rental income of $2,600 - Monthly cash flow of $434
Monthly rental income of $2,900 - Monthly cash flow of $734
Not factored is vacancy (typically 5%) and MGMT fee - Lots of ways to avoid MGMT Fees these days.


Property price is $330,000
Tax of $8,910 (2.7%) - Insurance of $2,000 - 20% Down - $150 Misc Expenses
Monthly rental income of $2,900 - Monthly cash flow of $502
Monthly rental income of $3,200 - Monthly cash flow of $802
Not factored is vacancy (typically 5%) and MGMT fee - Lots of ways to avoid MGMT Fees these days.


Property price is $360,000
Tax of $9,720 (2.7%) - Insurance of $2,200 - 20% Down - $150 Misc Expenses
Monthly rental income of $3,200 - Monthly cash flow of $597
Monthly rental income of $3,500 - Monthly cash flow of $897
Not factored is vacancy (typically 5%) and MGMT fee - Lots of ways to avoid MGMT Fees these days.


Property price is $400,000
Tax of $10,800 (2.7%) - Insurance of $2,400 - 20% Down - $150 Misc Expenses
Monthly rental income of $3,300 - Monthly cash flow of $429
Monthly rental income of $3,700 - Monthly cash flow of $829
Not factored is vacancy (typically 5%) and MGMT fee - Lots of ways to avoid MGMT Fees these days.


These numbers are approximate of course but a good way to quickly gauge cash flow when looking at rents and list price. The 1:1 rule has changed over the years with higher pricing on properties.

* I send out a 2x month Cash Flow Property Update - email if you would like to be added to the list
** I also do a Flat Fee Listing for $150 or a Full Service Listing at 1% - Ask for Details.
*** 14 years experience in DFW