All Forum Posts by: Bryant G.

Would you be nervous buying a house with horizontal cracks in the foundation if a structural engineer says the way is sound and gives their backing to that assessment?

Thank you Robert that is great and I have been very conservative with estimates which drives down the COC. I was hoping to get feedback on safe estimates for repairs and capex given the property is a turnkey rehab with mostly new systems and roof. I think my problem is I am too conservative and need to find a realistic number for repairs and capex

thank you for the time you spent that's very helpful and informative!

Bryant 

I have an opportunity to get a SFR for 45k that is in a rough area but newly renovated with new hvac, water heater, and roof. rent should be 750 per month, taxes 650, ins 900. assuming 35% for capex and repairs and 10% for PM. assuming 8% vacancy factor and 5% leasing. I have a spreadsheet with everything broken out and my COC is 5.72. I have a spreadsheet breaking everything down but can someone help me with this analysis? Thank you for the help.

Bryant