[Calc Review] Help me analyze this deal

[Wayne Warren]

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*This link comes directly from our calculators, based on information input by the member who posted.

PLEASE DISREGARD MY PREVIOUS POST.  I FORGOT TO INSERT THE CURRENT RENT .  $1890 is not current rent, $1550 is current.

This is two houses paired together for a total of $440K so I have assumed they are each $220K.  The current rent for one of them is $1550.  I need to know if the other numbers I have used seem reasonable because right now the calculator is telling me this is not a deal I want to do.  $220 x .7 = $161K minus $30k rehab = $131K purchase price.

"Holding Costs" - could someone define those for me?  I see nothing on the calculator that does that.  A SUGGESTION FOR THE CALCULATOR.

Thank you for your help.