Skip to content
Real Estate Deal Analysis & Advice

User Stats

96
Posts
22
Votes
Jonathan G.
Pro Member
  • Investor
  • Tyler, TX
22
Votes |
96
Posts

First possible SFR investment. Looking for advice.

Jonathan G.
Pro Member
  • Investor
  • Tyler, TX
Posted Aug 1 2014, 16:38

Below is info on the deal.  Any advice would be appreciated.  Let me know if I missed anything.  Thanks!

House cost is $125,000 - negotiate to $122,000 (4/2) 1626 sq ft.

Taxes = $2,582

rentometer states = average rent = $1198, median rent = $1298

Realtor comps for rent = $1,400-$1,600

I ran numbers using = $1,375/mo rent

I plugged in 8% Vacancy Rate, 6% Maintenance, 6% Cap Ex, 10% property management

Here is what the calculator spit back out.

Loading replies...