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Updated over 5 years ago on . Most recent reply
Help me analyze this deal and make sure I ran the numbers right
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply
Dennis M.
#5 General Landlording & Rental Properties Contributor
#5 General Landlording & Rental Properties Contributor
- Rental Property Investor
- Erie, pa
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Dennis M.#5 General Landlording & Rental Properties Contributor
#5 General Landlording & Rental Properties Contributor
- Rental Property Investor
- Erie, pa
Your expenses are off some but the thing that jumps out is the interest rate on your loan and the condition of the property .are you sure it’s even worth 70k are you sure it only needs 2500 in repairs . Where are you getting it’s worth 80k arv ? Just seems kinda ratty in the picture and I’d question if this is worth the asking price . There’s issues with your calculations . Your probably not going to make squat for cashflow based on what it actually generates in real life