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Updated 4 months ago on . Most recent reply

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Peter Mihelich
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[Calc Review] Help me analyze this deal

Peter Mihelich
Pro Member
Posted

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


Hello All,

Peter Piper here.  I am new to real estate investing.  I currently work in the restaurant industry and a multi-unit manager so data analysis is in my blood.   The above link is a property that I found in my local and believe it might be a good first start into the real estate industry.  However, for some reason the profit at sale seems to be skewed somehow or this is just a bad deal and I'm glad I signed up for bigger pockets.   I did my best to estimate all of my costs.  I even have DSCR quote that I'm using for loan information.  The loan information is the only area that I believe I may have messed up as I put the total fees from the quote ($6799.91) as the points but I'm pretty sure that would be incorrect.  Please advise and have a blessed evening.

Sincerely, 

Peter Mihelich

The Plan: changing my life by helping others live in better conditions- 

  • Peter Mihelich
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