[Calc Review] Help me analyze this deal
What's up BP ! Finally upgraded to the Pro account. ( I was tired of not being able to go back to my reports lol )
Looking to do my first BRRR deal on this property. My goal is to rehab, increase value, pull out equity to go get another deal. I was conservative towards rent and went high on rehab cost. The rent numbers are only for the first and second floor. I plan on living on the 1bedroom in the 3rd floor. I am going to have separate meters for utilities. Type of loan I am going to use is a standard FHA 203k. Any feedback would be greatly appreciated.
Thank you in advance guys.
*This link comes directly from our calculators, based on information input by the member who posted.