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Updated over 2 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Gavs Guigui
1
Votes |
4
Posts

This is my first time analyzing a deal

Gavs Guigui
Posted

View report

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

Most Popular Reply

User Stats

739
Posts
410
Votes
Andrew Garcia
  • Lender
  • Charlotte, NC
410
Votes |
739
Posts
Andrew Garcia
  • Lender
  • Charlotte, NC
Replied

Hi @Gavs Guigui, there are a few things I see.

1. The maintenance might be a little light depending on the age of the home.

2. $3,300 monthly rent seems high for a $300k property. Check with a local realtor to ensure that is accurate.  (if it is, tell me where)

3. The interest rate is low unless you are purchasing this as a primary and house hacking it.

4. You did not calculate anything for utilities.

Other than that, it looks good.

Hope this helps! Let me know if I can be of any assistance.

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