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Updated over 6 years ago on . Most recent reply
Sharpening my Deal Analysis...
As the great Brandon Turner says "Deal analysis is the most important skill for any investor." I am working with a local real estate agent to get better at calculating the ARV off the Comps. However on this one, It was an attempt at what I've learned so far. I tried to be conservative. This property is listed at $22,900 with an ARV of 120k, Repairs guessing around 60k (Always the chance it's a money pit!)
If purchased with Cash at $16,300 and repairs don't exceed 60k, theres room to make some money. Seems like a good deal. Just need $76,300 in cash....What are your thoughts?
*This link comes directly from our calculators, based on information input by the member who posted.