Updated over 7 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
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Hi Sean,
$1,500 for rehab is really, really low. That's assuming that the units are move-in ready. You are also assuming a 3.5% down payment, which is usually only for places you will live. If you are living there, which unit are you going to not rent? Those are some first things to consider.