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Updated over 4 years ago,
Practicing Analyzing Deals
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!