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Updated over 6 years ago on . Most recent reply
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[Calc Review] Help me analyze this deal
What am I dong wrong here. Why are my expenses so high? First time using the calculator.
UPDATE: I did figure out that my interest was way too high.
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply
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I saw a couple red flags but the main one is the interest rate is currently at 95%! The second is that usually the ARV is higher than the purchase price if you are putting in money to fix up the property where yours is the same.