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Updated about 2 years ago on . Most recent reply

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Oliver Pham
4
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11
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[Calc Review] Help me analyze this deal

Oliver Pham
Posted

Good evening, I would like to ask for all your opinions about this property as an agent recommended me in Cleveland Height, Ohio. It already rehab and already have tenants living in. Is this a good buy and hold property? 

Thank you very much and have a great day.


View report

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

  • Oliver Pham
  • Most Popular Reply

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    Robin Simon
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
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    Robin Simon
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
    Replied
    Quote from @Oliver Pham:

    Good evening, I would like to ask for all your opinions about this property as an agent recommended me in Cleveland Height, Ohio. It already rehab and already have tenants living in. Is this a good buy and hold property? 

    Thank you very much and have a great day.


    View report

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


     The rent looks good $1,850 per month on a $115k property but in this case flagged as maybe "too good" - either that means likely its in a not so great area (yield trap) and appreciation is not likely

  • Robin Simon
  • [email protected]
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