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All Forum Posts by: Marshall Shen

Marshall Shen has started 14 posts and replied 31 times.

Hi there,

I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 5th day :)

Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20% downpayment. Note that I included closing cost as 3% of the asking price.

Can someone help review my analysis and provide any feedback?

The detailed analysis can be found here: https://bit.ly/2xX89A5

Thanks so much!

Thank you for the feedback! Some key takeaways here:

1. Monthly insurance of the 4 units is higher than estimated.

2. Monthly garbage cost is higher than estimated.

3. Lending rate (4%) is higher than estimated.

All of these factors make this property less attractive.

Post: Real Estate Changes due to the Coronavirus

Marshall ShenPosted
  • Investor
  • Chicago, IL
  • Posts 32
  • Votes 5

Thanks Chance for the information! Stay healthy and safe!

Hi there,

I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 4th day :)

Based on the asking price, I estimated it will generate a POSITIVE annual cash-on-cash return, assuming 20% downpayment. Can someone help review my analysis and provide any feedback?

The detailed analysis can be found here: https://bit.ly/2Ra6AFp

Thanks so much!

Originally posted by @Alleia James:

@Marshall Shen Hi Marshall!

How do you determine the water and sewer estimates? Is it on the City hall website?

I estimated based on the average of water and sewage bill in Chicago, and marked it up by 10%. To analyze a deal more accurately, contact the seller real estate agent for the number, they should be able to provide that.

Hi there,

I'm doing a 30-day deal analsys challenge where I analyze one deal per day. This is my 3rd day :)

Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20% downpayment. Can someone help review my analysis and provide any feedback?

The detailed analysis can be found here: https://bit.ly/2yDZz9P

Thanks so much!

Originally posted by @Nicholas Brady:

Hey Marshall, I love the format of the excel sheet! Looks very thorough and good ideas to assume on the higher end of the operating costs. Definitely not a good deal! 

Thanks Nicholas! Do you see any expense item that I missed?

Thanks again for the feedback! 

Hi there,

I'm doing a 30-day deal analsys challenge where I analyze one deal per day. This is my 2nd day :) 

Based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20% downpayment. Can someone help review my analysis and provide any feedback?

The detailed analysis can be found here: https://bit.ly/3bPMUyx

Thanks so much!

Post: How to estimate water and sewage bill for a deal?

Marshall ShenPosted
  • Investor
  • Chicago, IL
  • Posts 32
  • Votes 5

Hi there,

Does anyone have any suggestions on how to estimate water and sewage bills when analyzing a single-family or multi-family property? An example deal I'm looking at is: https://www.zillow.com/homedetails/2518-S-Throop-St-Chicago-IL-60608/3878139_zpid/

Thank you!

Post: Look for feedback on my deal analysis

Marshall ShenPosted
  • Investor
  • Chicago, IL
  • Posts 32
  • Votes 5

Hi there,

I'm doing a deal analysis on a multi family in Chicago, based on the asking price, I estimated it will generate a negative annual cash-on-cash return, assuming 20% downpayment. Can someone help review my analysis and provide any feedback? 

The detailed analysis can be found here: https://bit.ly/34ctL7j

Thanks so much!