Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Analysis help please!?
Hi everyone -
I wanted to see if you could help review this analysis. A quick shout out to @Ryan Sanders for the use of his tool (I love it and can't wait to use your updated version).
So, the attached property is for sale at quite a good price relative to other sales in the area but I'm struggling to justify the return on investment. My instinct tells me that the price is right and that it's a good buy but the numbers tell me a different story.
I was wondering if anyone would look at my analysis and help pick it apart for both the positive and negative aspects of it (particularly if you're in the Tampa or Wesley Chapel area and know the market).
Thanks for all your help.
Eric
*Edit to add: I'm not looking to put lipstick on a pig - if it's a bad deal, it's a bad deal and I'm ok with that. I'm just surprised. Note that I think my rent estimate is low for the area but rent.com was showing $1,350 for a similar sized 4/2 so I went with worst case.