[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Hey BP family. I am still trying to understand what these reports are telling me and could use some feedback. We found this property off-list and can purchase it for $86,000. The ARV will be $240,000 and we will purchase with private money at 10%, then refinance after 6 months. I am trying to determine what all the results are telling me and have I entered the data correctly. I refinanced with 70% in the form. Should we BRRR this property or should we fix and flip due to the low rents. I would be thankful for any constructive input you may have.
#1 All Forums Contributor
- Investor
- Virginia
@Mathew Madruga
Vacancy and repairs way to low. You going to service the heating and cooling systems ? Other things need service.
What about appliances, hot water heater etc. Will you never replace them? You need to account for these costs as well.
