Is this worth the investment?

[Bert Chen]

I've started analyzing deals for practice and wanted to see everyone's opinion about this deal. Only one of the 8 houses has been remodeled and leased out, the other 7 houses need a lot of work. Would this be a good BRRR investment?

Description: 
This 8 home package for sale on Hadley Street is the Perfect Investment for You! Each property features 2 bed/1 baths. The first property 3523 Hadley St is completely remodeled and leased. This super cute house has new roof, new plumbing, electrical system, interior/exterior painted, double pane windows, ceiling fans throughout, new doors, new kitchen cabinets, new light fixtures, wood floors, granite kitchen countertops, new stove, exhaust and back splash. Good size yard, with Iron Gate and parking area. The remaining 7 houses are just waiting for you, so if you have Construction skills and what it takes to remodel them go for it!

Place: https://www.realtor.com/reales...

[Moe Khan]

@Bert Chen in your analysis you are assuming that loan will be 845K (100%). which lender is giving you 100% loan? Also, 6% interest rate is very low. Remember you will going for commercial loan which will be higher than conventional loan.

@Bjorn Ahlblad and @Alex Larcheveque have provided you good feedback which I totally agree.