Initial Equity (Negative)

[Chauncy Gray]

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Hello,

I am looking at a duplex. The numbers look good, but I noticed that the initial equity is negative. Would anyone be able to provide the correct explanation?



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

[Brian Beck]

Hi @Chauncy Gray,

It looks like you left a 0 off your ARV, it is showing on the report as $13,990, I am assuming it was to be $139,900 (the same as the purchase price since no repairs were provided for in the calc).

Hope that helps!

Brian