[Calc Review] Help me analyze this deal

[Charles J English]

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

[Jaysen Medhurst]

You need to make a number of updates to your analysis, @Charles J English.

• Refinance time will be at least 6 months.
• You're not budgeting for repairs. I'd think 15% combined with CapEx.
• With a SFR, the tenant usually pays for all utilities, so you can remove electricity and water/sewer.
• Add in management (10%), even if you plan to self-manage in the beginning.
• Confirm your property taxes. Looks like you're just using a flat $2k/year.
• I think you can find better loan terms than 6% with nearly 3 points.

Rerun your numbers, but I don't see this cash flowing.