[Calc Review] Help me analyze this deal

[Zachary Farris]

View report

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

I am looking at a 4 plex which was built in 1995 and needs some work. Mainly flooring, paint, baseboards, exterior paint and additional repairs to one unit (estimate for those repairs were already given by a contractor). I plan to use a rehab loan and use my own money for the down payment. I am hesitant to do so, and know a lot of investors use other people's money. I just don't know how to go about securing the down using OPM, nor am I familiar with how that would change my expenses. It would be nice to keep my cash, as I believe this property will need a new roof before I have saved up enough from the profit of this property (built in '95 and will likely need a new roof in a few years if it is a 30 year comp). Please give me some guidance, and let me know if I am going about this the smartest way. Thank you,

-Zach