[Calc Review] Help me analyze this deal

[Kimberly Vallance]

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

This duplex appears to have been updated recently by owner occupant who is now selling. There doesn't seem to be much, if any, needed for repairs, and it is priced reasonable for the area. To make the numbers come close to working, I had to lower the purchase price. I don't know what the current actual rent is - can I ask to view the current leases? What about asking tenants if they have any pain points they would like to see addressed?

This seems like a good deal, but is well above my comfort zone from previous deals as well as one of the first I've analyzed here as an intentional REI.

[Kimberly Vallance]

@Tchaka Owen

Thank you for your response.

If I do manage, this would be the last one I do so on, but I'm leaning more toward a manager. I've had several bad tenants and the last two have been beyond awesome. I'm interested in handling the investment side more than the management side now.

Thanks for the comment about increasing the numbers - I thought this was pretty conservative based on my research of the area, but it also seems almost too good, too. So I do appreciate the recommendation.