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Updated about 3 years ago,

User Stats

19
Posts
8
Votes
David Doucet
Pro Member
  • Rental Property Investor
  • Virginia Beach, VA
8
Votes |
19
Posts

Please Help me analyze this deal

David Doucet
Pro Member
  • Rental Property Investor
  • Virginia Beach, VA
Posted

Hi everyone, I'm in southeast VA and I'm wondering if I'm missing anything for this duplex that would have me put a lot into the deal and provide cash flow with a fairly low CoC return. Would you do it, or is there some way to creatively make it work for me and the seller you may be able to offer up? This would be my first deal.

Overall, the building seems to be in good shape. It had a VA inspection and appraisal within the last two months because of previous potential buyers. Nothing alarming on the inspection; would need two HVAC ducts reconnected under the house and some ducting insulation redone. Maybe a fence fix and some other minor items- so I assumed 3k in repairs. If you have any feedback for me, I'd appreciate it!!!

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

  • David Doucet
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