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Updated over 4 years ago,

User Stats

83
Posts
46
Votes
Samuel Liapis
  • Rental Property Investor
  • Chicago, IL
46
Votes |
83
Posts

Practicing Analyzing Deals

Samuel Liapis
  • Rental Property Investor
  • Chicago, IL
Posted

Hello All,

I am trying to practice Analyzing deals and this deal seems pretty good. I will not be purchasing because I just want to practice right now. Can someone confirm if my numbers are correct?

https://www.trulia.com/p/il/cicero/1241-s-57th-ct-cicero-il-60804--2104782002

Asking: 135k

I figure I can most likely get this for 125k.

Rehab looks to be around 120k

3 kitchens, 3 baths, Laminate throughout.

Comps look close to 325k for an ARV.

Rental comps look to be around 1500.

Please let me know how I did!

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