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Updated over 7 years ago on . Most recent reply

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66
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Savannah Lewison
  • New to Real Estate
  • San Diego, CA
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Pittsburgh - Help me analyze this deal

Savannah Lewison
  • New to Real Estate
  • San Diego, CA
Posted

I estimated 80k for rehab which was a guess but I added this into the purchase price because I would use a loan for purchase and rehab. Any and all feedback is appreciated!

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

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845
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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
639
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845
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Jeremy Taggart
  • Real Estate Agent
  • Pittsburgh, PA
Replied

@Savannah Lewison That's a tough neighborhood. I think you are a little high on the rents. Also what loan would you be using that you only have to put down that small of a down payment and can finance the purchase+rehab at 5% interest? Would you be owner occupying? I think your expense numbers look good though except for insurance might want to increase that a tad bit for a 3 unit building of that size. 

  • Jeremy Taggart
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DHRE- The Jeremy Taggart Team
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