Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago,

User Stats

5
Posts
0
Votes
Nader Iskander
Pro Member
  • Real Estate Investor
  • Pasadena, CA
0
Votes |
5
Posts

Could be great!!!....but how to calculate?

Nader Iskander
Pro Member
  • Real Estate Investor
  • Pasadena, CA
Posted

Hi all! Newbie here at BP. Love the website and all that comes with it. I've come across this deal although I'm not sure how to get the correct analysis, as the figures don't fit properly in the BP calculators. Some help and your opinion would be greatly appreciated!

The deal as follows...

Fix and Flip

Listed at 350k most likely go a little over 400.

Put in an offer at 392k. Recent sold comps at 650k

I plan to put in 100k on rehab 100% hard money

1% closing cost for agent (392k), 1.5% origination (hard money for total amount of loan 492k @10.9%) no pre-pay penalty

I need to put down 25% down on sale price of 392k.

Plan to finish rehab no later than 3 months.

Not sure if I left anything out... can you help?

Best,

-Nader

  • Nader Iskander
  • Loading replies...