First analysis in Indiana

[Jack Middleton]

This house has been on the market for a while, and I noticed a $10k drop in price.

I tried the BP analysis tool for the first time today and this seems like a good deal.  Hope I didn't miss anything....  made an appt. to look at the home today.  Here is a screen capture of this deal.

CoC of 18%. I think I'll try to get the reno. rolled into the loan. The investor version of a 203(k). This place needs a roof and central air, but I'll know more after looking at it. Seems like it would cash flow well, and the comps seem to be twice as much.