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Updated over 5 years ago,

User Stats

18
Posts
5
Votes
Everest Jordan
  • Rental Property Investor
  • MD, 20878
5
Votes |
18
Posts

[Calc Review] Help me analyze this deal - ready to put an offer

Everest Jordan
  • Rental Property Investor
  • MD, 20878
Posted

View report

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

This will be my first rental unit.

This is a REO and crazily this is a move-in ready 2 bd/2ba condo. The condo fees are high $350 but it should offset most of the capex cost.
Rentals in this area go for around 1600 - 1800. 

Based on my numbers with 20% down conventional loan it will cash flow around 160 - 175 per month. 

Because this is not a BRRR approach it does not make sense to use private lender or does it? 

Should I make an attempt?

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