[Calc Review]Do you guys think this is good for partnership

[Quintin Gulley Jr]

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hi guys this seems like a good deal to me atleast for just me but in order to make it happen I might need a partner do you guys think it will still be worth my while

[Brent Coombs]

@Quintin Gulley Jr, no. Why? 1. It's not a "deal", because you're considering paying full market value. 2. At (only) 1%/m gross return, it's arguable that it's cash flow on average will be negligible, because I don't know that you'd be able to get the 5% interest rate fixed for 30 years - as an investment loan.

Is it a multi-family? If not, is $3,300.00 month rent realistic?

And if it is a multi-family, perhaps only allowing 4% vacancy is not conservative enough?

What makes it look attractive to you? 1%/m deals are common throughout many markets. My 2c...