[Calc Review] Help me analyze this deal

[Akil Kariym-Bey]

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*This link comes directly from our calculators, based on information input by the member who posted.

[Jaysen Medhurst]

Can you give us some background here, @Akil Kariym-Bey? How are you purchasing for $1k? Looks like this is a duplex and then you plan to rent out the garage as well?

• Why are you playing the electric bill?
• Management at 8% might be tough, unless you already have a portfolio. Figure 10-12% at first.
• I use 8% vacancy for MFR.
• Water/sewer looks very high. I use $30-40/unit/month. Call the local water authority for last year's bills.
• Pretty sure property taxes will be more than $5.58/month.
• Be careful with your refi assumptions. You'll never get those terms on an investment property. Plus, with your 18-month timeline, it's very hard to predict where rates will be. 
• BTW: why are you waiting 18 months to refi?