Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago on . Most recent reply
[Calc Review] Help me analyze my first deal - TIA!
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply
![Evan Polaski's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1656094/1621514530-avatar-evanpolaski.jpg?twic=v1/output=image/crop=1932x1932@91x635/cover=128x128&v=2)
- Cincinnati, OH
- 3,431
- Votes |
- 3,768
- Posts
@Jeff Krasowski, do you have any questions about this deal?
Your vacancy is probably fine, your repairs and Capex are probably dramatically too low, but this also appears to be a condo, so most of your Capex may be handled in the HOA. Otherwise I would budget 10% for each, minimum.
Have you called your lender to get a real quote on a mortgage? Less than 20% down typically entails PMI, which does not seem to accounted for.
Have you called an insurance agent for a quote? $5/mo is too low. $100/mo is more average, but call an agent to get a quote.
Have you calculated real estate taxes for this property at your purchase price? In Hamilton county, OH your number is very low, but you can pull this online with a little research.