[Calc Review] Help me analyze this deal

[Matt Kulpinski]

View report

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

Curious what other's thoughts are on my calculations in general and this duplex in San Antonio, Texas (3/2 on top unit and 4/2 on bottom unit). The wholesaler price is 200k and I estimated 60k in rehab costs (packaged it all into a hard money loan 100% LTC). I'm not great at estimating rehab costs yet but am using that number for now (open to suggestions). Here is the wholesaler's project analysis packet and additional notes below: file:///Users/mattkulpinski/Desktop/Project%20Analysis%20Packet%20-%201018%20Steves%20Ave.pdf

SQ FT: 22123/2 upstairs 4/2 downstairs2 electric metersLot size: .17

Off market duplex in fair north! This has tenants currently on a month to month in both units. Both tenants are bringing in a total of $1500/month. Projected rents upon adding value show a rent ranges of $1450-1550/a month PER SIDE for a total of $2800-3000/month! None of our comps both rental or sold had 3/2s or 4/2s! This will need HVAC, cosmetics and foundation work.

Thanks for your two cents in advance!

- Matt