[Calc Review] Help me analyze this deal

[Craig Dieterich]

Did I do something wrong? The CoC seems unreal. Its a $80,000 4 plex that each unit rents for $550

View report

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

[Tchaka Owen]

@Craig Dieterich - based on the numbers you provided, the CoC is correct. If I were you, I'd tweak the numbers a bit. Ie,

1. Change closing costs to $5000.

2. Unless it's been recently renovated thoroughly, change Maintenance and CapEx to 8% each.

3. Count on at least $25/person for Water; thus change to $100 (better to go to $120).

After these changes your CoC will drop, however it will still be quite nice. Good luck!