[Calc Review] Help me analyze this deal

[O Samuel Adekolujo]

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[Devon Cornwall]

O Samuel Adekolujo,

I would say be careful with something like this. I've always been wary of anything with HOA fees, and if you do proceed, make sure you do due diligence and get the HOA meeting minutes and anything else you can find about maintenance and future cap ex needs at the strata.

I've also noticed that you didn't include any appreciation of rent or property value and think that it is skewing your numbers slightly.

What is your exit strategy?
What are your plans for refi?

Good luck,