[Calc Review] Neighbor looking to sell

[Grace Navera]

Hi!

I'm an aspiring RE investor and my neighbor is looking to sell.  Back in September, they were thinking $75k asking price. They weren't ready to sell at that time.  They've done some repairs since then - most notably replacing the rusty metal roof over the home addition.  Now they're asking $120,000.  I re-ran my calculations and it's still showing as cash flowing but it's more money up front than I originally expected.

Please let me know what you think!

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