Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

17
Posts
7
Votes
Carl Bongiovanni
  • Flipper/Rehabber
  • Chicago, IL
7
Votes |
17
Posts

NEWBIE 1st property please Help me analyze this deal

Carl Bongiovanni
  • Flipper/Rehabber
  • Chicago, IL
Posted

View report

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

Most Popular Reply

User Stats

255
Posts
154
Votes
Aaron H.
  • Rental Property Investor
  • Steamboat Springs, CO
154
Votes |
255
Posts
Aaron H.
  • Rental Property Investor
  • Steamboat Springs, CO
Replied

Not enough info. What market is the property in? What are you goals? What are you planning to do with it? Rent or flip?

If it's a rental, your repairs and cap-ex numbers are way too low. Your assumptions on loan interest rates are also very optimistic given recent rate hikes. If it's a flip, you're not accounting for holding costs and sale costs. 

Loading replies...