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Updated over 2 years ago,
[Calc Review] Help me analyze this deal
Hey guys, this is a property in northern Houston. I am practicing using the calculators because I don't quite have the hang of it yet.
This property is a duplex, 3br 1 ba, 2br 1ba and it needs quite a lot of rehab. In plain sight, anywhere between 40-60k. I plan to live in the 2br 1ba while renting out the other half. While the CF is negative, I don't mind too much since that's technically really really cheap rent.
Can I get some advice on how to properly use the calculator (maybe my estimations/expenses are off), what I can do to improve the CF, and if this seems like a good deal?
Thanks everyone for your input!!
*This link comes directly from our calculators, based on information input by the member who posted.