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Updated about 5 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Patrick Afrifah
  • Rental Property Investor
  • Pingree Grove, IL
1
Votes |
5
Posts

[Calc Review] Help me analyze this deal

Patrick Afrifah
  • Rental Property Investor
  • Pingree Grove, IL
Posted

View report

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

Most Popular Reply

User Stats

313
Posts
337
Votes
John Collins
  • Investor
  • Tx, Ga
337
Votes |
313
Posts
John Collins
  • Investor
  • Tx, Ga
Replied

Have you done the inspection? The side/basement of the house looks soggy or perhaps it's settled a bit. Want to make sure there are no foundation issues and that's why the price hasn't dropped by 8% or so . Also, it's the south side of Chicago so know the safety record and types of neighbors on the streets. Is $1.4k really a realistic rent, or is it closer to $1.2? The main factors here are not the raw numbers, but making sure the kind of neighborhood and the inspection report on the place gives you confidence moving forward. 

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