Learning the Numbers- THOUGHTS? [All You Can Analyze Weekend]

[Brian Sweeney]

I'm doing daily reports to learn/get more comfortable with the process. This is a current property available in my area and I'm curious what more experienced folk think. 

The situation is this:

I'll be using hard money to purchase and renovate the property

Refinance (ideally) 6-8 months after the purchase and repay the hard money lender while still having gained equity and capital.

Curious if anyone noticed any red flags or mistakes I may have made in this calculator. Specifically the P&I seemed to be low if I would be borrowing 50k as hard money (purchase price+rehab).

View report

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