[Calc Review] Help me analyze this deal.

[Courtney Lea Klein]

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

Hello everyone,

This property located in Kennesaw, Georgia has been vacant for the last 10 or so years. I believe the owner was trying to let the value increase before selling, and it's increased a ton. The city of Kennesaw has been booming since the updates of the university. Anyway, I live RIGHT next door to this property and it finally went up on Zillow just 2 days ago and there have been MANY people interested in it. I am one of them, so I ran the numbers and these are my results. I've used this calculator less than 10 times so I really hope I'm using it to its fullest potential. It's a 3 bedroom 2 bath fixer upper and it's STILL going for 110k. I'm seriously interested in this property. I would like to fix it up and use it as a rental for students attending the university. My father is a contractor so he has all the knowledge available to renovate this house, and being that we live right next to it we could potentially make all the repairs ourselves in no time. I would even love to manage the property regardless if we're the ones purchasing it or not. I don't have a ton of experience but this house is in a booming area and I would love to get my foot in the door on this one. Is this a good deal? Would my next step be to find a local investor who would be interested in the property as well? Thanks for any and all advice!