[Calc Review] Help me analyze this deal
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Okay I’m new at this whole thing but is this accurate? Any help would be appreciated.
Most Popular Reply
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