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Updated over 6 years ago on .

User Stats

4
Posts
1
Votes
Larry Walters
  • Lexington, KY
1
Votes |
4
Posts

[Calc Review] Help me analyze this deal

Larry Walters
  • Lexington, KY
Posted

View report

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

A REIA associate wants to sell me this property. I haven't done my first deal yet. It would be a seller finance deal. I determined the rent by averaging results within 1.0 miles as reported on rentometer.com (excluding the really highest). I have no idea what the house is actually worth and what I can get it for. I based the ARV on a couple of similar homes that sold this year within a couple of blocks. Thoughts?