[Calc Review] Help me analyze this deal

[Geoffrey Tanudjaja]

Hi everyone,

I just upgraded my account to pro status and I would like to learn about real estate investment.

I found this deal in Detroit and would like to ask your opinion about my way of analyzing this deal. 

The purchase price itself is $75,000 (it is currently being remodeled, so, I don't know what is the condition inside. Planning to schedule for a tour in the next couple of weeks).

I'm a newbie in this thing and I'm pretty sure I miss a couple of expenses that I should include in this analysis.

All the help will be much appreciated!

Thank you in advance, everyone!

Cheers,

Geoffrey 

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