[Calc Review] Help me analyze this deal

[Nick Mcroberts]

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This just came on the market..Let me know what you all think!!

[Jaysen Medhurst]

@Nick Mcroberts, a few things to think about here:

• Do you have comps that support $850/month rent and $80k ARV?
• Closing costs look low. Check with your lender.
• 3.5% on a non-owner occupied mortgage might be optimistic. Always worth shopping around.
• Insurance is a bit high, I think. Talk with a local insurance agent.

My biggest concern is that you'll have to dump more than $16k into the reno. Beyond just cosmetics, the bathroom needs a lot of work. Might be a full gut. Have you been inside yet?