All Forum Posts by: Juan Ledesma

This seems like a complete slam dunk. It almost feels too good to be true. If you are getting the ARV, rehab budget, or rent estimates from the seller I would cross reference them.

Your interest rate on the refi is a point or two low, but if you can BRRRR your way to 300k in equity, the point or two of interest doesn't really make a difference.

Identical property tax monthly expenses for before/after are suspect here. One percent seems low, and I would expect property tax expenses to increase post-renovation, not remain at 1%

Numbers seem really good if I am comparing them to a project in my market.

But that does raise the question: what market is this in? How does the cap rate compare to the other available projects? 

This property is currently in the OC market out in California, its off market as I wanted to just run numbers on this property to see if it would be a deal of some sort. Appreciate the feedback!

What piece of the analysis do you have questions about?