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Updated over 6 years ago,
[Calc Review] Help me analyze this deal
This is a property that is local to me. Its a beautiful duplex in a B neighborhood, a little drive north of Tampa, FL market. From the pictures, I'd say its practically turn-key. Am I missing something? They are asking $194,900 for it. Should I make an offer? Should I ask to get into the property before making my offer? $1000 rent is top paid for that area for comps I've researched. When I calculated at $950 rent the numbers were obviously a little less attractive. Any advice or comments are appreciated. Thanks BP community!
*This link comes directly from our calculators, based on information input by the member who posted.