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Updated almost 6 years ago,

User Stats

48
Posts
38
Votes
Adam Peacock
  • Rental Property Investor
38
Votes |
48
Posts

Can someone help me analyze this deal?

Adam Peacock
  • Rental Property Investor
Posted

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

Greetings BP community,

This would be a long-distance investment which I haven't done before so I'm interested in opinions on whether the value is worth the effort. Does anyone have any thoughts? Current occupants are paying $650/month per unit, Rentometer says median is $710 so I'm estimating this deal using median rent versus current rent after a few thousand invested in improvements. Waiting to speak to the selling agent on any expected/known repair requirements. other than that, thoughts?

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