Do the numbers make sense?

[Natalie Johnstone]

hi! I was approached with an opportunity and being a newbie I wanted to see is these members made sense to a more seasoned investor. Interest is long term appreciation though some sort of positive cash flow would be ideal.

thanks so much !!

[Bradley Buxton]

@Natalie Johnstone

All real estate you're making some assumptions. How did you assume 5% appreciation? Because that is your main focus that will be important to get right. Will taxes continue to increase? 1.67% seems high (NV is 0.87%, CA is about 1%)  Are there area indications that rents will continue to climb because of shortage of supply? Build in a cushion for maintenance, vacancy, and future capex expenses. On new builds the maintenance is lower but there could still be damage. Are you familiar with the area or trust someone that is and can tell you what is being built in 1-10 years?  Double check the assumptions.