All Forum Posts by: Tyler Garza

I am just getting started out and have a rough idea of how to work through these numbers and so I wanted to throw this out there to see how far off I was.

I haven't gotten any numbers on financing this so I assumed a lot. How can you semi accurately predict what your mortgage payment will be? I also note that 75% LTV is standard. My pre conceived notion was that 80 was sufficient

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Oklahoma City, Oklahoma

@Walter Bowser Done

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Oklahoma City, Oklahoma

@Jaycee Greene

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Oklahoma City, Oklahoma

I got CF by NOI - Mortgage = CF , Mortgage is 240k @ 7% = 16,800/yr

What do you recommend to allocate for vacancy and op expenses?

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Oklahoma City, Oklahoma

Deal :

Duplex Home
2 beds / unit
2 baths / unit
3,000 sqft
Asking 300k

60k down

Est rent/yr - 31,200

5% Vacancy

20% Op Expense

Mortgage 240k assuming 7%

Results:

CF - 6,600

Cocr - 11%

Cap - 8%

Looking at this for a buy and hold and trying to determine if I am analyzing this right

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Oklahoma City, Oklahoma

Quote from @Kishan Purohit:

@Tyler Garza

Estimating ARV accurately is key to making the BRRRR method work. Look at comparable sales within the last 3-6 months, using properties similar in location, size, and renovation level. The 70% rule is a good starting point, but also factor in local market trends and high-ROI upgrades like kitchen and bathroom updates, modern flooring, and curb appeal. Need help analyzing a deal? DM me, and I'll point you in the right direction!

All the best!

Thank you for your response! Ok, so kitchen and bathroom updates.

Would you be willing to explain the 70% rule in layman's terms?

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Thank you for the insight!

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Quote from @Account Closed:

Thank you for posting this. I'm new to investing myself, working towards my first small multifamily in northern Arizona. I look forward to reading the responses from experienced investors here, and I wish you the very best Sir!

Thank you! Same to you!

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Quote from @Nicholas L.:

@Tyler Garza

comps. comps are what determine ARV.

and for a BRRRR to work you need a fairly distressed property. usually off market, not on.

Sorry what are comps

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All Forum Posts by: Tyler Garza

Tyler Garza has started 4 posts and replied 35 times.

Post: Check my analysis

Post: Check my analysis

Post: Check my analysis

Post: Check my analysis

Post: Check my analysis

Post: Check my analysis

Post: Analyzing properties to determine market value

Post: Analyzing properties to determine market value

Post: Analyzing properties to determine market value

Post: Analyzing properties to determine market value