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Updated over 8 years ago,

User Stats

12
Posts
4
Votes
Eric Hildebrand
  • Investor
  • Tampa, FL
4
Votes |
12
Posts

Analysis help please!?

Eric Hildebrand
  • Investor
  • Tampa, FL
Posted

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

Check it out here

*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.

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