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Updated over 6 years ago on . Most recent reply

[Calc Review] Help me analyze this deal
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Most Popular Reply

Without knowing more about the property there's not a lot of specifics that we can really get in to.
I will agree with what has been said about closing costs - seems a little bit low. You can reasonably expect around 2% for loan costs, plus title / attorney cost of another couple hundred bucks.
I will also put this out there - purchase price, rehab, and ARV numbers look out of whack. You're in 132k but value of 125k. Might want to look at that ARV again and make sure you're in a good position on value. A 15k budget on a 115k house seems pretty low to me. I recommend you do a bit more homework before you pull the trigger.