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Real Estate Deal Analysis & Advice

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Kimberly Vallance
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[Calc Review] Help me analyze this deal

Kimberly Vallance
Pro Member
Posted Feb 18 2019, 10:15

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

This duplex appears to have been updated recently by owner occupant who is now selling. There doesn't seem to be much, if any, needed for repairs, and it is priced reasonable for the area. To make the numbers come close to working, I had to lower the purchase price. I don't know what the current actual rent is - can I ask to view the current leases? What about asking tenants if they have any pain points they would like to see addressed?

This seems like a good deal, but is well above my comfort zone from previous deals as well as one of the first I've analyzed here as an intentional REI.

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