[Calc Review] Help me analyze this deal

[Joel Van Kampen]

Hello!

Thanks for taking the time to read and look at my potential deal. I received a quote back from the bank today: Adjustable Rate program with 20 year amortization and 20% down is 6.25% but the rate goes variable in 15 years. This would be my 3rd deal and curious what others think about this. Its close to my current properties and would be an off market purchase. 

Please take a look at what I put together.

View report

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