[Calc Review] Help me analyze this deal

[Lee Burns]

Any input is much appreciated!

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

[Corey Chonsky]

@Lee Burns, without knowing some important details about the location/area and the condition of the property, I think your numbers might be overly optimistic. The property is over a 100 years old and you are looking at only $5k rehab on a property going into foreclosure. I would also account for in repairs and capex for how old the property is. Additionally, you are not taking into account any cost associated with the refinance. What is your goal behind the refinance after 12 months? Also, if you are only doing a $5k rehab why is it going to take 3 months? You should be able to knock out a $5000 rehab fairly quickly.