[Calc Review] Help me analyze this deal 2bd/2ba San Antonio

[Erik Luna]

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

[Jaysen Medhurst]

Interesting property, @Erik Luna. My biggest concern would be the renovation budget. I looked at the pictures and think it will cost way more than $20k to get this place rent ready. Probably double that? If you want to make this a true BRRRR and assuming that your ARV is correct, you should aim to pay $40-45k. That assumes a $40k renovation.

• I think the insurance looks low in your analysis. Talk with a local insurance agent. 
• Have you confirmed taxes with the city? I saw two very different numbers on-line. The taxes could kill this deal as a rental.