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Updated over 4 years ago,

User Stats

40
Posts
28
Votes
Kunal Lakhwani
  • Rental Property Investor
  • Denver, CO
28
Votes |
40
Posts

Deal analysis on a turnkey property in Indianapolis IN

Kunal Lakhwani
  • Rental Property Investor
  • Denver, CO
Posted

Purchase price: $152,000

20% down: $30,400

Closing costs: $2500

Monthly rent: $1295

Monthly cash flow: $250 (after mortgage payment, property taxes, insurance, 5% vacancy, 5% repairs and maintenance, 5% capEx)

Looks like a good deal to me. Since this is my first ever real estate investment, looking for another set of eyes to look at this, and an expert opinion.

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