Help me analyze this deal

[Tate Siemer]

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I don't understand where the "total cash needed at purchase is $591,000.  Where does that come from?  Also, we are using a construction loan where we will be borrowing a total of $1,310,000, $260K of which is for the fix up.  So, instead of putting the actual acquisition price of $1,050,000, I had to add that $260K in.  Am I missing anything?

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