First deal: Selling sister condo in South Florida.

[Mikeal Lyew]

Hello group,

I am helping my sister sell her condo in South Florida and needed some help trying to figure out the numbers. She is pregnant and needs to sell in order to move into a bigger place. Current situation is she is selling her condo in south Florida (Lauderhill). The complex wants to get more investors into the there so she needs to find an investor to buy her place. I wanted to see if her place was a good deal for an investor and at what price point so I entered the numbers into the rental calc just to see what it would say. By my figures it will cash flow around $430 @ a selling price of 115k with rents at $1350. I still need to factor in the cap ex costs which I am not sure of because her HVAC, water heater, fridge, stove and dishwasher was purchased in 2008 and I know they are nearing EOL. I have the figures of how much it cost in 2008. I'm a little confused as to how to factor in these figures upfront on the calculator. I also added the analysis so it could be looked over by the group. I'm not sure if I got all my figures right or if I'm missing anything. If anyone would help me out, any useful advice would be greatly appreciated. I'm new to analyzing deals and I'm super eager to learn how to get all these figures as close as possible.

 @115khttps://www.biggerpockets.com/...

Thank you in advance.

Mikeal