[Calc Review] Help me analyze this deal

[Matthew Keeney]

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*This link comes directly from our calculators, based on information input by the member who posted.

Hey BP,

Just got my first house under contract. It's in Elkridge, Maryland and I close this month. Just want to get some opinions on the analysis and get some piece of mind. Please feel free to share your thoughts.

I'm acquiring the duplex with a VA loan and plan to live there for a year or longer before I repeat this process again. I set rents at $1600 per unit which is well below market rents. I could probably get $1900 per unit giving that each is a 3 bed/3bath but I'm trying to be conservative.

I'm also not focusing on cash flow after expenses. I have a high paying W-2 job and all profits will be saved for future properties. Just want to put that out there for people who look at the $28 monthly cash flow. My priority is that all expenses are covered for this property and not coming out of my W-2 paycheck.

Thanks BP.

[Brian Garlington]

@Matthew Keeney

The link you provided for the calculators does not work. ALWAYS include CAPEX ($183per property roughly) and Vacancy (7-10% og Gross Rents). Try to make sure it will meet at a minumum the 1% rule.