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Updated almost 5 years ago on . Most recent reply

User Stats

149
Posts
46
Votes
Ondrej Brown
  • Rental Property Investor
  • Cleveland, OH
46
Votes |
149
Posts

How these number look ?

Ondrej Brown
  • Rental Property Investor
  • Cleveland, OH
Posted

View report

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

Most Popular Reply

User Stats

4,876
Posts
2,466
Votes
Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
2,466
Votes |
4,876
Posts
Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
Replied

This could be a good property, @Ondrej Brown. A few things:

  • Definitely include a budget for initial repairs as @Michael K Gallagher suggested. 
  • Do you plan to househack? If not, you'll need to put 20-25% down.
  • You forgot to include Management (10-12%) in your expenses. Always include, even if you plan to self-manage at first.
  • What about lawn care and snow removal?
  • Jaysen Medhurst
  • Loading replies...