[Calc Review] Help me analyze this deal

[Christopher Attaway]

Running the numbers to get a feel for it. Any advice is very helpful especially for people investing in Dallas. 

View report

*This link comes directly from our calculators, based on information input by the member who posted.

[Laurie Williamson]

The report shows a negative cash flow, if I'm understanding it correctly. Your expenses are higher than the rent. You could cut property management, and manage it yourself, and that would save you some money, but it looks like it would still be too high. Might see if you can put more $ down, or else need a lower purchase price or higher rent.

[Christopher Attaway]

@Laurie Williamson Yes its just for practice on running the numbers on properties. Any advice is helpful and appreciated!