Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply
Help me analyze this deal. I am new to using the calculator.
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply
@Penny Muniak Thanks for sharing! Got lots of questions on this though. :)
The house is listed $44,900 so not sure how you are pulling off the $30k purchase price and only 5% down? Also, from the pictures I see a LOT more than $1000 in repairs needed. Your rent seems low so perhaps you are going to just rent it 'as-is' and not do any rehab but you will reap what you sow on that as far as the quality of tenant you are going to get.
This property actually looks like it would do pretty well if you just rehabbed it and brought up the rents. See below. Good luck!