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Updated about 5 years ago,

User Stats

17
Posts
3
Votes
Matt Cupp
Pro Member
  • Real Estate Agent
  • Knoxville, TN
3
Votes |
17
Posts

1st Deal Calc Review - Help me analyze this Rental deal

Matt Cupp
Pro Member
  • Real Estate Agent
  • Knoxville, TN
Posted

Looking at potentially keeping this one as our first Buy and Hold rather than flip for an immediate profit.  We bought it well from a friend that just wanted a quick sell.  

We purchased for $80,000 cash and would put about another $20,000 into the home for a total cash investment of $100,000.  Eventually pulling our cash out and refinance for the $100K to have those funds available for future endeavors.

I'd appreciate any advice after reviewing the deal calculator as well as point out anything I may be overlooking or calculating incorrectly.

Thanks

Matt

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

  • Matt Cupp
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