Feed back on deal analysis

[Zach Hoskins]

Buy and hold property

Purchase price 135k 

ARV 155k

Needs about 5k in Reno 

Comps rent for 1100 to 1250

In Hendersonville TN about 20 min from Nashville 

3% down loan with a 3.75 interest rate

What do you guys think 

[Luka Milicevic]

Your note assuming 30 yr mortgage is going to be $606/month.

rough estimate with insurance and taxes your PITI will come out to 800/month. Maybe more, maybe less.

I would assume rent to be 1100/month and not 1250 to be on the conservative side

Your cash flow only assuming PITI is 300/month. You have to factor in capex, maint, prop mgt and all that jazz on top of your PITI.

It's not so much a question of what we think as much as what you think about the deal. Are you happy with these numbers?