[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Apologies for posting this twice. I had to correct a couple things.
Hi everyone, I am trying to lock down my first deal, and I would greatly appreciate input from BP members on my calcs. The property is in Jackson, MS. It's a 3/2 SFR in a B neighborhood. New roof, central AC, and paint.
I tried to be conservative in my estimates (e.g., my real estate agent says it will need little to no rehab, but I've included $5k in my estimates just in case). It was last rented at $1450, which is in line with comps in the neighborhood.
My primary goal is cash flow. I will consider making some targeted upgrades and BRRRR'ing it down the road.
Thank you in advance!
Amir Badat