There are great calculators on here... and I'm literally GUESSING at your numbers, but this is what you need to be analyzing.

@Alex HamdenI spent three years... literally three doors down from that house!

I am reading a book about 6 Sigma right now and literally 15 minutes ago read a section about the difference between being interested and committed.

So I literally just closed on my house Tuesday  which is in a very good neighborhood. 

Just do it.I literally just reversed the color scheme on a house and its like a salmon color.

Like I said 2005 ...it may appear lenders have loosened up standards but that is not reality in the mortgage market when you actually try to get one.I am a Mortgage banker and keep pretty close tabs on whats happening.. also i build new construction and sell retail so .. i just look at a sampling of the latest community i built and sold this year... 23 homes sold in 4 months..  3 for cash  1 VA  ( we accpet VA many builders dont but my wife and I respect our veterans and we go the extra mile to put them in one of our homes).. 4 FHA the rest conventional.in years past there would be no cash sales.. and literally all of them would be minimum down and conventional would be rare. 

Literally you are inserting numbers into software.

@Colin Zhu  you should reach out to Colin who I just copied here.. this is a running theme.there are literally hundreds of investors or at least hundreds of properties in Indy in the same boat. 

I just bought a 3bed/2ba in South LA / North Inglewood (literally, 3 houses away from the boarder of 64th St.)

C'mon Memphis Invest is literally the most respected company in the Turnkey space.