Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
I'm a new investor and I'd like to give the BP Forum a test drive. This property is on the Gulf Coast. (beachfront) The cash flow isn't there at the rental projections, but this property should appreciate nicely over time. This isn't what I had in mind for my first project, but I don't want to pass up a good deal. I'm pretty sure David Greene would call this a "shiny object." Help! Would you invest in this property? Thanks.
Most Popular Reply
Whether or not to invest depends on your short term / long term goals. Do you need the cashflow? Or are you looking for a quality property that will appreciate long term?
I noticed the vacancy rate was set to 0%, not sure how realistic that is given the area and your strategy.