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Updated over 6 years ago on . Most recent reply

Sean Jany's profile image
Sean Jany's profile image
Sean Jany
  • from Porltand, ME
  • Member since Sep 18, 2018
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Sean Jany's profile image
Sean Jany's profile image
Sean Jany
  • from Porltand, ME
  • Member since Sep 18, 2018
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Sean Jany
  • Porltand, ME
1
Votes |
7
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New Member Introductions

[Calc Review] Help me analyze this deal

Sean Jany
  • Porltand, ME
Posted

View report

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

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Amanda G.'s profile image
Amanda G.'s profile image
Amanda G.
  • Rental Property Investor
  • from Augusta, GA
  • Member since Oct 6, 2017
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Amanda G.'s profile image
Amanda G.'s profile image
Amanda G.
  • Rental Property Investor
  • from Augusta, GA
  • Member since Oct 6, 2017
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Amanda G.
  • Rental Property Investor
  • Augusta, GA
278
Votes |
825
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Amanda G.
  • Rental Property Investor
  • Augusta, GA
Replied

Hi Sean,

$1,500 for rehab is really, really low. That's assuming that the units are move-in ready. You are also assuming a 3.5% down payment, which is usually only for places you will live. If you are living there, which unit are you going to not rent? Those are some first things to consider.

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