Updated over 3 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Hi All- Is this the correct calulator to use to underwrite a multifamily-flip? Ie purchase, cash for key tenants, renovate|remodel, sell? Thanks!
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@Solomon Oh Did you look at your fixed cost numbers? I could see what you put down as monthly as yearly costs otherwise the owners should pay you to take the property. Your fixed cost numbers are 13k and you are generating only 6k. That doesn't include debt service, repairs, taxes, insurance and capex. No one will buy a property that they lose 16k a month.