Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

50
Posts
8
Votes
Connor Williams
  • Buckley Wa
8
Votes |
50
Posts

Help me analyze a deal please!?

Connor Williams
  • Buckley Wa
Posted

9 single family properties

Total price for all 247,000 

I want to offer 80% since it’s a package deal=  200k

Monthly amounts-

Gross rents equal $5125

Costs= 2350

Net=2775

I would have 20% down and pay myself back in 15 months the money I initially put into the deal. 

Is this a good deal, I have never bought a package deal like this that is turn key. 

Thank you!

Most Popular Reply

User Stats

7
Posts
8
Votes
Dale Slater
  • Rental Property Investor
  • Huron, OH
8
Votes |
7
Posts
Dale Slater
  • Rental Property Investor
  • Huron, OH
Replied

I would check all the big ticket items on the properties, Some of the SFH could be a wolf in sheep clothing. Check roofs, foundation, furnace, plumbing, etc. Imagine 3 roofs or foundations are bad on the houses. The deal doesn't look so good now. You could walk or negotiate lower price, negotiate repair funds, etc. Bulk is sometimes not best with SFH.

Loading replies...