Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
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

User Stats

289
Posts
106
Votes
Keleisha Carter
  • Investor
  • Tampa
106
Votes |
289
Posts

[Calc Review] Help me analyze this deal

Keleisha Carter
  • Investor
  • Tampa
Posted

View report

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

Selling price: $244,900

Property type: Duplex ( both units rented)

Unit 1: 4 bedroom and 1 bathroom $1450

Unit 2:  2 bedroom and 1 bathroom

For this deal to make sense, I would have to pay between $235,000 and $238000

Is this a good deal based on the numbers?

Most Popular Reply

User Stats

103
Posts
53
Votes
Mark Trebor
  • Investor
  • Minneapolis, MN
53
Votes |
103
Posts
Mark Trebor
  • Investor
  • Minneapolis, MN
Replied

I think your range looks good.  I never pay more then 100 times monthly rent for a house.  That number works for me in my area and interest rates below 5.5%.  I budget 23% of revenue for maintenance and operations.  I rent in a college town and typically have a waiting list for people to get into my properties so I never factor in vacancy issues either.  I self mange with a heavy dose of skilled plumbers and maintenance people.  Good luck

Loading replies...