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Updated about 5 years ago on . Most recent reply

User Stats

27
Posts
3
Votes
Samuel Smith
  • Rental Property Investor
  • Huntsville, AL
3
Votes |
27
Posts

[Calc Review] [Huntsville] Help me analyze this deal

Samuel Smith
  • Rental Property Investor
  • Huntsville, AL
Posted

View report

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

Most Popular Reply

User Stats

181
Posts
136
Votes
Peter McDonough
  • Rental Property Investor
  • Huntsville, AL
136
Votes |
181
Posts
Peter McDonough
  • Rental Property Investor
  • Huntsville, AL
Replied

This is a brand new construction. How are you going to add $2k of repair cost and increase the ARV by $50k?

2 bedroom houses do not rent for $2000/month in Madison.

Closing costs will be more than 2000.  Try 5-6, depending on broker.

Those townhomes all sold for ~250ish, and none are still on the market?

This doesn't seem like a good deal.

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