[Calc Review] Help me analyze this deal

[Mariano Coccoz]

View report

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

[Brent Coombs]

@Mariano Coccoz, of course, it'd be better if the total project cost could be kept to below $217k, right? ie. After refinancing, you want zero of your own dollars left in the deal!

(Whereas the current Report shows you being out of pocket $28,020.00).

At first glance, your numbers seem a bit low for vacancy allowance and repairs. And what about capital expenditure (cap ex), over time? Also, are you sure Management will only be 8%?

But if you'd actually be grossing 1.5%/m from a $233k project (worth $310k) - why not?

(So long as those refinance 25 yr fixed loan terms are also actual/conservative!)

[Don't forget to check sold comps and actual market rents before believing pro forma figures!]

Welcome to BP. Thanks for sharing. All the best...