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Updated about 2 years ago on . Most recent reply

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Matthew Brown
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32
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[Calc Review] Help me analyze this deal

Matthew Brown
Posted

I would love someone to look over this analysis; I am relatively new to real estate and want to ensure I am on the right path. This house is in Palisades Park, New Jersey, 07650.


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

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Replied

@Matthew Brown Where are you getting 4.5% interest rate. No PMI for less than 20% down. Goggled property tax rate and it is 1.58% of ARV. Taxes will be over 1k per month not $100. Insurance is low unless maybe it is the fire station. No PM fees. Have you run capex and maintenance budgets. Looks like you will need to budget for grounds maintenance.

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