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Updated over 6 years ago on . Most recent reply

User Stats

118
Posts
55
Votes
Kevin Sack
  • Rental Property Investor
  • Clovis, NM
55
Votes |
118
Posts

[Calc Review] Help me analyze this deal

Kevin Sack
  • Rental Property Investor
  • Clovis, NM
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

I'm looking at ways to make this deal happen, and the numbers seem good to me but want other opinions. Two triplexes being sold together. They are asking $334, I ran the numbers at $300k. I do not have quite enough cash to make a full 20% down payment, but am exploring borrowing 10% and putting up 10% of my own to avoid PMI. The 10% is accounted for in other expenditures, along with landscaping. All the numbers are accurate except the CoC return. I run 10% vacancy for padding, 8% Capex and repairs, and 10% management. Thoughts?

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