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Updated over 6 years ago on . Most recent reply

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Juan Lara
  • Riverside, CA
0
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8
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[Calc Review] Hello BP Family can you Help me analyze this deal.

Juan Lara
  • Riverside, CA
Posted

View report

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

Most Popular Reply

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962
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Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
1,140
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962
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Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
Replied

@Juan Lara - I haven't used the BP calculators so this is a first for me. Based on the cashflow, my initial recommendation was to flip it; you'd net $30k (and I still am leaning that way). After looking closely at the numbers, it appears that you have $45/mo for MI, however you're putting down 20% so you won't be charged MI. That increases your cashflow to $229/mo. Makes it a nice little add to your portfolio.  

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