Updated 19 days ago on .

Menachem KrasnjanskiPoster
Pro Member
- Rental Property Investor
- Spring Valley, NY (spring valley ny)
- 13
- Votes |
- 79
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[Calc Review] Help me analyze this deal
from my calculations i would need to hold hard money for 6 months before refiing which would cost me 30,000 out of pocket. once i refi and get the rents up to market it would take me till the end of year 2 to make back the 30k. by year 3 my cashflow should be around 18 to 20k. i would buy it with around 110k in equity and by year 3 my equity should be around 130k. trying to figure out the best use for this property and whether its worth pursuing.
*This link comes directly from our calculators, based on information input by the member who posted.