[Calc Review] Help me analyze this deal First analysis ever!!

[Benjamin Mccracken]

View report Hey Bigger Pockets fam,

Pretty new here coming in with my first analysis. Pick it apart if you will! I did have some trouble figuring out ARV due to limitations in the area with similar multi-family properties, so honestly I have no idea if thats even close. I just figure with it being old and getting some love it would pop up a decent amount. Could definitely be wrong though.

 A couple questions I have is:

Points charged by lender. What does this entail?

Is there a general rule on monthly insurance?

How do I calculate annual PV growth?

lastly, annual expense growth? 

Thanks in advance guys and gals, I look forward to learning a few things! 

Take care,

Ben McCracken

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

[Steve Hall]

@Benjamin Mccraken

I didn't even have to look at the report to evaluate this deal. Consider your statements:

"so honestly I have no idea if thats even close."

"I just figure with it being old and getting some love it would pop up a decent amount."

"Could definitely be wrong though."

This is what I call "Pay and Pray". Not the smartest way to invest in Real Estate.

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