[Calc Review] Toledo, OH SFR - Analyzed by a Newbie!!!

[Matt Stevi]

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

Hey all,

What're your thoughts on this deal? I have never done a deal and have just been learning as much as I can for the past few months so I'm curious to know what other more experienced people think.

The property is a SFR, 2 bed & 1 bath, 855 sq. ft in Toledo, OH (which I've seen there's plenty of people in the forums who invest there, but I didn't do any research into this area in particular, I've just been analyzing a bunch of deals and the numbers associated with them to get more practice).

Location aside, just looking at the numbers (assuming mine are all correct), this is a decent deal, right? $161 cash flow after refinancing isn't as high as I'd like, but the way I have it set up, I got all of my initial investment back and some.

Thanks guys!

[Matt Stevi]

@Engelo Rumora thanks for the input!! I’m super new at this and actually just bought David Greene’s book on long distance investing so I will definitely be researching any market I want to invest in extremely thoroughly after I read it and learn more about how to do that!