Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
[Calc Review] Help me analyze this DUPLEX deal
*This link comes directly from our calculators, based on information input by the member who posted.
I'm in NorCal and real estate is expensive. I keep looking at this deal wondering if there's a better use of $60k. This property first record of purchase on Zillow is 9/1999 selling at $89,500, indicating a 21.82% appreciation rate at the current sale price, including factoring in a 51% drop in value when sold in 2010. My model uses only 10% to be conservative. Not the cash flow I was hoping for. Am I missing something here or is this a deal worth doing? By the way, broker thinks we can get a $10k credit at close for a new roof needed.