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Updated over 2 years ago on . Most recent reply

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Off the market deal I found. Do you think this has potential?

Lincoln Slonaker
Posted

View report

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

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Jay Thomas
  • Real Estate Agent
696
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Jay Thomas
  • Real Estate Agent
Replied

We'd need a bit more information. 

It looks like you're doing a loan, for investment loans it usually started off with a 20%  down payment. From what I see with your report I am not certain what percentage you where using. So I ran the numbers for a loan for $120k with a 10% down payment (trying to stay close to your numbers), 7% interest. I got a down payment of $12,000 and closing cost $5,223. Try it with these numbers and lets see what you get. 

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