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Updated over 3 years ago,

User Stats

20
Posts
13
Votes
Crystal H.
  • New to Real Estate
  • Nashville TN
13
Votes |
20
Posts

[Calc Review] Help me analyze this deal

Crystal H.
  • New to Real Estate
  • Nashville TN
Posted

Getting ready for our first purchase and would love to hear any input people have. 

Our objective in real estate is slightly different than many others - we're over invested in company stock so are diversifying to real estate for less volatility. We don't need the cash flow right now. This is a long term play.

Property is a duplex in a hot neighborhood in a hot market for appreciation (Nashville). Idea is to hold for minimum 5 years, likely longer. The place has been recently flipped so new bathrooms, paint, floors. Opportunity to modernize kitchens in the future. Built 1980, brick. Tenants already in place with a year lease and they look solid. Tenants pay all utilities.

What am I missing??

Bonus Question: We're doing a walk through today. Any tips on thinks to look for / gotchas appreciated!

View report

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

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