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Updated almost 4 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Okay I’m new at this whole thing but is this accurate? Any help would be appreciated.
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Add 10% for management costs if you plan to have professional management -leases,collecting rent, inspections, handling tenant issues or evictions, etc.
I don't know condition of house or your area, but 5% is an appropriate expectation for maintenance and vacancy costs. Any capex items coming up soon? Factor that in monthly.
I'm surprised the insurance is that low. Might be due to region differences.
Overall looks good on the surface