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Updated over 6 years ago,
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Hello all, I would be interested in hearing what you think of this out of state property I am looking at. Its a duplex, near a university in an otherwise stagnant city. The neighborhood is a B/B-, and while I have some questions about the long term prospects of the city & state, its proximity to campus makes me think property values/rents should stay stable.
I have the vacancy rate very low. I think that is very doable because the house literally is right at the edge of campus and I think a consistent influx of students should allow me to keep a very low vacancy rate.
Thoughts on things I should tweak in my assumptions?