Why does this deal work/ not work?

[Mario Mormile]

Hello everybody, 

I am putting together my first deal- a century home duplex. They have recently dropped the price to 65k. I am making an offer of 50k. All of my numbers in the analysis are based off of this 50k purchase price. The home owners hoarded a lot of junk and our offer price of 50k will include them leaving all of their trash and junk as it is. The numbers look really good to me. But I would greatly appreciate any advice or insight. In addition, the home will be bought with money from private investors (already secured and ready to go). Thanks guys!

[Jason Allen Taylor]

Your numbers do not account for the cost of money. You have $82500 allocated in cost of purchase and repairs, but no accounting of how much that money will cost you In points, interest, etc.

Could you be a bit more specific regarding your private funding?