[Calc Review] Help me analyze this commercial deal

[Calc Review] Help me analyze this commercial deal

Bernadeau C.Pro Member
Rental Property Investor · Orlando, FL · Member since 2014 · 540 posts · 230 votes

Can i get some feedback on this deal?

This is a commercial property, ready for move in. any inside repairs will be done by the tenants. 

HOA includes water, insurance and maintenance.

i have interested tenants ready for a 3 year lease lock in.

The rent in the area is up to 2100-2200

the seller is asking for 299000, i plan on offering 225k; i did the analysis on the basis that the property may be worth the seller's asking price. 

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

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  • Bernadeau C.Pro Member
    OP
    Rental Property Investor · Orlando, FL · Member since 2014 · 540 posts · 230 votes
    8y

    https://www.biggerpockets.com/calculators/shared/2...

    i think 225 might be a bit low for an offer, so i was thinking offering 285 and increasing the rent a bit. also i figure the closing cost might be higher as this is not a residential loan. 

  • Real Estate Agent · Cupertino, CA · Member since 2016 · 4k+ posts · 1k+ votes
    8y

    Looks fine. Need to get more accurate value for HOA. I also suggest you buy an Umbrella policy covering lawsuit.

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