Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

10
Posts
2
Votes
Timothy Busse
  • St. Paul, MN
2
Votes |
10
Posts

[Calc Review] Help me analyze this deal

Timothy Busse
  • St. Paul, MN
Posted

View report

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

  • Timothy Busse
  • Most Popular Reply

    User Stats

    14
    Posts
    13
    Votes
    Cody Smith
    • O'Fallon, MO
    13
    Votes |
    14
    Posts
    Cody Smith
    • O'Fallon, MO
    Replied

    Hey @Timothy Busse, I'm curious about a few things with your analysis...
    For your closing costs, how are you getting $2000?  I have read different things about this, and I've seen recommendations of 6-7% of the loan.  
    For your Property Management costs, I've seen people generally recommend 10%.  Do you have a PM lined up that'll give you 7%?
    Also, for your rents, are these around the avg/median for the area and comparable properties?  If they're lower, there may be opportunity down the road for a greater return through rent increases.

    Loading replies...