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Updated over 3 years ago on .

User Stats

8
Posts
8
Votes
Aaron Cabrera
  • New to Real Estate
  • Rogers, MN
8
Votes |
8
Posts

[Calc Review] Help me analyze this deal

Aaron Cabrera
  • New to Real Estate
  • Rogers, MN
Posted

I've been pretty conservative with the numbers; income lower and expenses higher.

This is in a class B neighborhood.
Median income $43k
Owner Occupied 54%
Population 25k
Property Tax Rate 1.38%

There is another property within the same neighborhood just a block away
of this one that was listed on realtor.com for 115k so I set the ARV
for 115k as well.

I'm new and to me this looks like a so-so deal and so I'd like to know if anyone more experienced thinks this is a good deal? Are there any experienced investors, hard money lenders who can tell me if this is a good deal?

View report

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