[Calc Review] Help me analyze this deal

[Amber Miller]

View report

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

[Jaysen Medhurst]

Yes, @Amber Miller, if the CF is negative, that's not good. This might be a good flip, though.

As far as the analysis:

• Closing costs look low. Talk with a local lender.
• Refi rate might be a little optimistic. More likely to be in the 4s or 5s for a non-owner occupied property.
• CapEx and Repairs are way too low. I use 15% combined. They may be lower for a while after a renovation, but over time it will all equal out.
• The listing has taxes at <$1k/year. Where are you getting your numbers?
• Why do you have PMI? You have 30% equity at refi.
• You're forgetting Management at 10%. Always include in your underwriting, even if you plan to self-manage.