Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

[Calc Review] Help me analyze this deal (Owner wants 220,000)
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply

Howdy @Jason Toledo
You did a good job analyzing this deal. I'm sure you realized it would not work with the asking price. Using the Owner Occupy (House Hack) strategy gets you into properties with the least possible cash. However, it does tend to increase other financing costs like P&I, due to larger loan amount, and the PMI requirement. Would you be willing to accept such low Cash Flow once you move out? How long would you plan on living there? Is the property located in an area that regularly floods?