[Calc Review] Help me analyze this deal

[David Chappell]

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Hi Everyone,

Just became a pro member and am looking through a few properties in Houston, TX. I double and triple checked this deal so I believe :) the numbers are right but let me know if I am off on anything.

- C (I think) neighborhood in NE houston. Close to nicer neighborhoods, about 10 min away from shopping/retail businesses and a small lake.
- this neighborhood is full of row houses that all look pretty much the same, this is a nicer upgraded one but surrounded by similar houses without those upgrades.\

- FINANCING STRATEGY: list price is $90k, I will be opening up a HELOC on primary residence to get the $18k for the down payment and then hopefully a traditional mortgage for the other 80%