[Calc Review] Help me analyze this deal

[Bill Zarzecki]

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

BP community, let me know if this is a good deal or not. Hoping to make this my first deal, would love to partner with someone 50/ 50 to make this happen!

[Michael Randle]

Hello Bill!

With the knowledge I have no idea where this Duplex is located, and therefore I am not an expert on this I will say the following.

Pros+ I like how you have 10% for CapEx, Management, Repairs. That is a good rule and has you on the right path.

Cons- I would like to see vacancy at a 10% vs 8% but that doesn't seem like it would affect your numbers too much. I would also take issue with the after repair value but it looks like that 'really' doesn't affect any of your actual monthly numbers since your loan amount is still 80% of your purchase price of 75k.

Wildcards -/+ Can you get a 4.5% interest rate on an investment property? That seems extremely low to me. Also does this market demand a $1k a month lease, per side? Again I do not know exactly where this is but you should double check you are not shooting yourself in the foot with over estimating what you think you are going to get per-month.

Hope that helps a little for you!