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Updated over 6 years ago on . Most recent reply

User Stats

29
Posts
4
Votes
Anthony Heatley
  • McDonough, GA
4
Votes |
29
Posts

Help me analyze this Arlington, TX deal.

Anthony Heatley
  • McDonough, GA
Posted

View report

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

I imagine that getting this house for 50K is unrealistic. But I arbitrarily chose a 35K rehab budget because as you can see in the photos, there's work that needs to be done. Can someone who is familiar with the Arlington, TX area tell me if these are realistic numbers?

The ARV and projected rental rate were based on what other homes are going for in the area. The expenses and projected growth were arbitrary choices too. Is there some way I can know these numbers without having owned a property before?

I'd appreciate any advice on this analysis,

Thanks guys!

Most Popular Reply

User Stats

75
Posts
70
Votes
Laura Kayes
  • Property Manager
  • San Antonio, TX
70
Votes |
75
Posts
Laura Kayes
  • Property Manager
  • San Antonio, TX
Replied

@Anthony Heatley, one thing I would say right off the bat is that if you have a management company it will be more than 5%. Generally rates are 6-10% with most being closer to 10. Just offering my input on that one small section. 

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