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

[Calc Review] Help me analyze this deal
*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

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