Analyzing Fort Worth Properties

[Adaora Nwogbo]

Hi guys i wanted to get some insight on analyzing properties. I know you've all heard this a million times but I am also a newer member to the Bigger Pocket platform. I am still in the learning phase ( YT, webinars, books etc) and i have a time frame of next year to buy a house. I am looking around the 180-200k with 20% down payment in the Fort Worth TX region, this is just giving some backstory. Currently I have started analyzing some properties using Realtor.com (will look into Redfin) like Brandon discuss in the webinars and on Youtube. I am using generalized numbers though like closing cost at $4000, vacancy, cap ex, repairs at 5% and insurance at $100. Using rentometer i plug in the median rent prices and use the property tax info provided also then finalize the analysis to see the cash on cash ROI. This takes me about 5-10 minutes to do and i believe its because my numbers are generalized (looking at single family unit with the assumption that tenant covers utilities for the time being). I would like to get some suggestions when it comes to analyzing properties to get more comfortable and improve my process. Some things that were suggested is looking on the tax assessor site for tax information on that area. Trying to reach out to landlords to get an average rate for utility payments and rents. If any one has any suggestion that would be really appreciated. I know there are alot of other things to cover like location, realistic price ranges in DFW area but i want to get comfortable analyzing deals first so advice is welcomed. Thanks