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Updated over 5 years ago,
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Hey everyone, so I have been searching for my first investment property and running numbers in the bigger pockets calculators. I found this Single Family home and duplex. The SFH is occupied and rented for $685. The duplex is occupied and rented for $395 each side. From looking at pictures and speaking with the wholesaler, the properties don't seem to need any major repairs, just outdated, but looks rent ready.
Can I get some opinions on my calculations.
I also have some questions I hope you guys can answer and help me with.
The properties are about a 6 our drive. How should I verify the properties condition. Do I take the trip out there or Call a local inspector?
Also I'm looking to fund this deal with a partner, so if anyone is interested in working together on this deal, Please reach out.