Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

44
Posts
4
Votes
Bryan M.
  • Rental Property Investor
  • Roanoke, VA
4
Votes |
44
Posts

[Calc Review] Help me analyze this deal

Bryan M.
  • Rental Property Investor
  • Roanoke, VA
Posted

View report

Hey guys. I have an opportunity to purchase this property that is currently starting a new 2 year lease with a community nonprofit. They have leased this property for the past 6 years. A couple things about the numbers. 

- My bank allows me to borrow 100% of the purchase and roll in closing costs and fees. I do not need to layout any cash.

- I have set the vacancy rate at 0% because there is a very small chance this property will be vacated in the future. This organization is actively searching for more properties in the area. There is plenty of need. 

- Management is 0% because I will manage.

- Current owner is a personal friend and has had zero issues with late rent or tenant issues for as long as he's owned it. 

This is my first time using the calculator to make a buying decision so I wanted to see what you guys thought on my results.

Thanks!

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