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Updated over 4 years ago on . Most recent reply

User Stats

10
Posts
5
Votes
David Barwick
  • New to Real Estate
  • Joplin, MO
5
Votes |
10
Posts

Help me analyze this deal (please)

David Barwick
  • New to Real Estate
  • Joplin, MO
Posted

I’ll be honest, it doesn’t seem amazing :-) 

I'm being conservative on rent - I think it can get $950 or more. I'm factoring in paying for garbage and security myself, which I might or might not do. The taxes and insurance are accurate. I should be right at $650/month for mortgage and escrow. I don't really understand some of the categories, such as Pro Forma cap, NOI, and Purchase CAP.

Any insight will be very much appreciated.

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