Updated almost 5 years ago on . Most recent reply
How to analyze rehab deals without boots on the ground ?
I am currently analyzing 2 remote rehab opportunities (out of state) and would like to make sure I am taking into account all factors. This will be my first rehab, I have experience buying turnkey rentals but never did a BRRR.
Here are the numbers for one of them
Off-market price purchase price 40k,
estimated rehab cost 30k.
Market rent in the area $900
ARV $90-100k
What other metrics should I be looking at? Does this look like a good deal?