[Calc Review] Help me analyze this deal

3 Replies

Jump to latestLatest
  • Rental Property Investor · Clovis, NM · Member since 2018 · 118 posts · 55 votes
    8y

    Insurance is high for the property value

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

    Several things do not gyrate. 1. Repairs-need to know the condition $43 a month is not realistic. 2. Vacancy- I would say you need more than 11 days to lease including renovation. 3. Mgmt fee- For $72 a month you expect someone to take care of two units?  Confirm with local property management company.

    Even the repair of $5K looks low.....

    You need to disclose type of kitchen, flooring, bath, appliances. Most tenants want only recently renovated units ….

  • Rental Property Investor · Dallas, Austin · Member since 2018 · 246 posts · 213 votes
    8y

    Is the insurance per month or year?  Per month 300 seems high.  

Join the conversationCreate a free account to reply, vote on answers and follow this thread.