[Calc Review] Help me analyze this deal

[Bob Faulk]

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Ok, I'm trying to understand better this deal. I recognize it doesnt have huge margins in it but I don't know how to hit 2% in pierce county and especially on a property that has a great desirable location. Could you help me know how to look at this better?

[Brandon Turner]

hey Bob- I like the numbers, but my concerns would be on the repairs at $100/mo and capex at $100/mo. I'd probably do that amount for a sfr or maybe a duplex - but this looks a tad bigger. That said - it's got the room, it just might lower your ROI some if you put something like $200 each /mo.

Also - double check that taxes won’t increase when you buy the property. Good work! Let’s us know what you end up doing! 

and don’t be too worried about Grays Harbor. But I think it does take localized knowledge to know where to buy and where to avoid.