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Updated over 3 years ago,
[Calc Review] Help me analyze this deal
Hi I am a collage student trying to learn investing! As I begin to analyze properties I am looking for people to help critique my process. I am trying to learn how to find a good deal by analyzing a lot! I analyzed a property in Houston, TX for fun and was wondering if anybody could give me feedback on what they thought about the quality of the investment and also if they would input numbers/ expenses differently. I analyzed this deal assuming that I would manage the property, the tenants would pay for utilities, and I would put 20% down and get a loan for the rest. If anybody has has time to look over this and provide feedback/insights I would really appreciate it ! I put this Zillow link below so that anybody could get more information about the property as well. This all for the purpose of learning, thank you for your time if you're still reading this! :)
*This link comes directly from our calculators, based on information input by the member who posted.
https://www.zillow.com/homedetails/12541-Wellington-Park-Dr-Houston-TX-77072/28188868_zpid/?