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Updated about 2 years ago on . Most recent reply

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Sierra Thornley
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[Calc Review] Help me analyze this deal

Sierra Thornley
Posted

Hi all, I'm fairly new. Just signed up for the pro membership and have been analyzing deals like crazy. I want to know if this is a good deal or not. I know the cash flow is negative, but some of the other factors are positive. What are your thoughts?

https://www.biggerpockets.com/...

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

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Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
596
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1,346
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Minna Reid
  • Real Estate Broker
  • Jacksonville FL & Middletown CT
Replied

Its an awful deal either way, but just wanted to point out that you are showing $5800 of expenses monthly here. You made a typo somewhere. 

With that said $300k for $1700/month rent will always be a loser deal.

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