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Updated over 6 years ago on . Most recent reply

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Fausto Ramos
  • Dunellen, NJ
0
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[Calc Review] Help me analyze this deal

Fausto Ramos
  • Dunellen, NJ
Posted

View report

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

Most Popular Reply

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446
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Ryan Howell
  • Rental Property Investor
  • Hendersonville, NC
411
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446
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Ryan Howell
  • Rental Property Investor
  • Hendersonville, NC
Replied

What are your goals? Are you okay with investing $66k for ~$300/mo in cash flow? The CoC return could be better in my opinion, but really depends on what your goals are.

Do you have plans to refinance and pull that money back out for another deal?  If so, how does your cash flow look after the refi?

Also, the interest rate looks really high for traditional financing.  In my area I'm seeing 5-5.5% for investment property, both residential and commericial loans.  7.5% seems high unless it is a private or hard money lender.

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