Help me analyze this deal near military base

[Ryan Brady]

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

[Andrew Zannotti]

@Ryan Brady, what military base are you located close to? From the looks of your report I'm guessing Fort Hood but I'm curious if I'm correct. If that's the case the numbers on duplexes are really difficult to make work there due to the high state tax rates and the inflated costs because of investors moving from more expensive markets such as Austin are willing to sacrifice on the 1% rule. 

Also as stated by @Robert Leonard stated your vacancy rate is kinda low, honestly I would recommend pushing closer to 10% because you have to contend with people PCSing at any time and being able to break leases with orders. Also military communities are really difficult sometimes because if you miss matching a tenant vacating to the summer or winter manning cycles that people PCS on you could be in for eating a few months on the rent before the property gets filled. This generally occurs with more expensive properties in those areas because your target market segment gets smaller due to BAH rates but it is something to think about.   

Last, the numbers don't seem to work, from the report it looks like you are using a VA loan so if you are intent on purchasing a property you are negative cash flow but you are also $0 out of your pocket for the property.

Best of luck.

Andrew