[Calc Review] Help me analyze this deal

[Jermaine Chad Ingram]

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[Aaron K.]

@Jermaine Chad Ingram that cap rate is awful, like really bad.  You can get homes in really nice neighborhoods with returns like that.  Based on price I'm assuming this isn't a great area, also being built in 1939 comes with far more maintenance and repair costs than a newer home.  Run away and never look back.  Your vacancy might be a little high but the rest of it is scary especially with insurance at that price.  Insurance expense alone is the full cost of the house in just under 15 years.