Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 almost 9 years ago on . Most recent reply

User Stats

75
Posts
40
Votes
Andrew R.
  • Rental Property Investor
  • Santa Barbara, CA
40
Votes |
75
Posts

My first deal, Thoughts?

Andrew R.
  • Rental Property Investor
  • Santa Barbara, CA
Posted

Thanks in advance for any opinions on this deal: Single fam home in Kansas City, MO (outer residential neighborhood). 3 bed/2 bath, 1960s construction but recently rehabbed as a turnkey property. 

105K, rents for 1150/month.  Financed with 30 yr-fixed mortgage at about 4.5%, with 20% down payment.  I have a quote for a 7% prop mgmt fee from a reputable company. I estimate 1500 in taxes and 600 insurance per year, based on comps. 

Opinions? Thank you. 

Loading replies...