[Calc Review] Help me analyze this deal

[Colin Charles]

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I'm doing the 90 day real estate challenge. I found a potential investment property and I would like help with the analysis. The asking price is 90,000. I estimated the property needs about 20k of work. I plan to use a hard money lender and I will use 15k of my own cash to secure the deal.

ARV - 155,000

Asking price - 90,000

Purchase price - 70000

Estimated repairs - 20,000 

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