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Updated almost 9 years ago,

User Stats

23
Posts
7
Votes
Ray Dorsey
  • Investor
  • Washington, DC
7
Votes |
23
Posts

My first Brrrr

Ray Dorsey
  • Investor
  • Washington, DC
Posted
Hey Team Just need to know if I'm doing my first Brrrr right before I pull the trigger on it. Deal: Asking price: 55k (bank own) Offering price: 45k Rehab budget: 20k Comps: 75k, 109k, 115k Recently sold: 115k, 142k - (both FHA ) Financing: HML 3point - 11% Down payment : 20% Refi: 75% ARV Tax: 1100/year Rent: 1200/month Non occupancy: 5% (720) Maintenance: 1% What else do I need to calculate to get the right numbers? If you show me once I will be off in running.

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