Help me analyze this Arlington, TX deal.
*This link comes directly from our calculators, based on information input by the member who posted.
I imagine that getting this house for 50K is unrealistic. But I arbitrarily chose a 35K rehab budget because as you can see in the photos, there's work that needs to be done. Can someone who is familiar with the Arlington, TX area tell me if these are realistic numbers?
The ARV and projected rental rate were based on what other homes are going for in the area. The expenses and projected growth were arbitrary choices too. Is there some way I can know these numbers without having owned a property before?
I'd appreciate any advice on this analysis,
Thanks guys!