Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
Randy Clemens
  • Sellersville, PA
1
Votes |
3
Posts

Analyze sfh

Randy Clemens
  • Sellersville, PA
Posted

I got an offer accepted at 66,000 for a sfh 4 bed 2 full bath. I estimate about 10k to fix it up.  Rent will fetch 1000-1100 per month. Taxes are 2500 per year. I am putting 20% down at borrowing rate of 4.625. Does this seem like a good buy and hold?

Most Popular Reply

User Stats

701
Posts
159
Votes
Bill Jacobsen
  • Salem, OR
159
Votes |
701
Posts
Bill Jacobsen
  • Salem, OR
Replied

Be sure to include all expenses.  Besides, taxes, you have insurance, management, maintenance, capital reserves, and vacancies.  I estimate the total to be $6,300 to $7.780.

Based on your loan rate I would want a cap rate around 7.625.  Based on this it would not be a deal for me at that price.

Good Luck.

Bill

Loading replies...