[Calc Review] Help me analyze this deal

[Angel Vazquez]

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Good evening, all, would like a little help on this deal.  Haven't started it just doing the numbers.  for me it seems like a great deal.  Of course, there could be more profits if i had a partner to help with a downpayment.

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

[Nathan A.]

The things that seem unrealistic to me here are 100% financing at 5% and management fees at 5%.

[Elizabeth Rogers]

I would speak with a lender about financing and what you could realistically be qualified for because without those numbers it's hard to truly analyze a deal.

[Greg Kasmer]

Angel - I would increase the interest rate to about 6.5% if going with a bank/credit union and perhaps 5.5-6.0 if using Fannie/Freddie loan. I would also suggest a slightly higher management fee (6%) as well as adding in some costs for water/sewer/garbage. Could still be a very solid deal afterwards, but probably worth adding in those costs. Good Luck!

[Angel Vazquez]

Quote from @Nathan A.:

The things that seem unrealistic to me here are 100% financing at 5% and management fees at 5%.

 I have several Private money lenders offering 100% @5% for 25yrs

[Angel Vazquez]

Quote from @Greg Kasmer:

Angel - I would increase the interest rate to about 6.5% if going with a bank/credit union and perhaps 5.5-6.0 if using Fannie/Freddie loan. I would also suggest a slightly higher management fee (6%) as well as adding in some costs for water/sewer/garbage. Could still be a very solid deal afterwards, but probably worth adding in those costs. Good Luck!

I have private money lenders offering 100% financing at 5% for 25yrs.  yes the management fees are normally 10% (that was my mistake).