[Calc Review] Help me analyze this deal

[James Camp]

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

Do these numbers make sense? Is it worth it to cashflow only $150? I would have to buy the property cash, and fund the rehab on my CC. Thoughts?

[Jaysen Medhurst]

On your credit card, @James Camp. Phew, you better be darn sure about your numbers and time frame. One wrong move and you could be in a world of hurt. Is this a duplex? Looks like it in the picture.

That said, regarding your numbers:

• Repairs and CapEx are a little low. I like to use 15% combined.
• What about water/sewer, lawn care, and snow removal? These are usually covered by the owner of a duplex.
• If you're tripling the value of this property, you should expect your taxes to go up at some point.

If you could do this as a BRRRR that truly cash flows $150/month, I'd say it's worth considering. Perhaps you can get it a little cheaper or reduce your reno budget a bit. Leave in a little more equity to reduce your payments.