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Updated almost 5 years ago,

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5
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Tiasha Thomas
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5
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[Calc Review] Help me analyze this deal

Tiasha Thomas
Posted

View report

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

Im looking to invest in a student rental but not sure if im running the numbers correctly when it comes to the refinance section and using hard money.

10br at $550 per room = $5,500 income per month

purchase price $199,900

down payment $5,000

property taxes $313 per month or $3,756 annually

home ins  $53

mortgage ins $121

30 year mortgage at 4.15%

repairs $10,000

ARV $215-225K  (IT DOESNT NEED MUCH WORK)

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