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Updated about 4 years ago on . Most recent reply
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[Calc Review] Help me analyze this deal
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Hello - I have a situation where I have an opportunity to purchase property. Rents for this would be about $1,100. The houses in the neighborhood are higher end and believe ARV conservatively would be about $250K. I estimate on the high end the property needs about $25K.
I am trying to understand what purchase price from her I would need to buy it at in order for it to be worthwhile.
This is my first BRRR/investment property I am trying.