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Updated about 6 years ago,

User Stats

62
Posts
24
Votes
Devante Boll
  • Corpus Christi, TX
24
Votes |
62
Posts

[Calc Review] Help me analyze this deal

Devante Boll
  • Corpus Christi, TX
Posted

View report

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

Hello BP,

I would appreciate some more eyes on this deal. Some information that may help evaluations:

- I plan to utilize VA Loan

- I called a similar 4-plex property owner and asked him his rent prices, he stated he was renting for $1150. So I will be aiming to raise rent prices

- There is definitely room for value add.  I viewed the inside of 2 units and 1 of them is nowhere near move-in condition (I will be using that one as my classroom basically).

If you need more information, please let me know.

I found out recently that there are HOA fees. It was somewhat of a downer but I want to find out what all the HOA is responsible for, their reliability, etc. because the property needs some TLC that is not happening.

Thank you in advance!

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