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Updated over 2 years ago on . Most recent reply

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[Calc Review] Help me analyze this deal

Posted

Looking at this deal and I'm still trying to figure out how to work the tools, but it'll need work eventually, but the whole place was renovated within the last couple years. If anyone can help me look at this and see if I missed anything or could tell if this was worth buying.

I already have a single family home rental (next door)

My goals are to increase my doors, I've heard that I should be looking more into cash flow vs appreciation.

Happy to provide more info if needed to determine if this deal is the right one for me.

Thanks in advance! 

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

Most Popular Reply

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32
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Replied
Quote from @Scott Trench:

Biggest missing piece for me is that there is no management expense baked in. Always assume you have to pay a property manager, long-term, when you buy a place. Some day you may be forced to move and can't self-manage. If that happens, your analysis here says you are negative. 


 Great thank you for your help, would I try to negotiate a lower price for it to makes sense?

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