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Updated over 6 years ago on . Most recent reply
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[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
ok guys I feel this deal can be easily done and I think its a pretty good 1 I feel I went over on a few expenses so I might be even better off I just want some feedback from my fellow bigger pockets member any advice will be greatly appreciated
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Howdy @Quintin Gulley Jr
With that low down payment (3.5%) I assume you are using a FHA loan. Therefore, you will be required to live in the property for at least one year. And since the Down payment is less than 20% you will be required to pay PMI (which you did not include). Your rental income will be based on only 2 of three units until you can move out.
Other than that the rest looks good.