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Updated almost 5 years ago,
[Calc Review] Help me analyze this deal
https://www.biggerpockets.com/analysis/rentals/5862bb99-dd03-4ec9-b41f-ecfa3a55a41e
Cost $82k, has multiple offers (15 so far) so I am thinking to offer $85K.
ARV is at least $135k with $10k rehab-mostly rip out carpets, install vinyl flooring, 2 interior br doors, paint house and cabinetry through out.
Rental income a conservative $1150 but it can do $1200.
Am I overlooking anything or are these numbers aok for a go on this deal?
What would you do to make your offer the very strongest, without adding fuel unnecessarily to this faux-flaming Texas market.
P/S
I am getting tripped by the new calc. There's no button to post to this forum directly from the calcs and future assumptions are gone?