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Updated over 6 years ago on . Most recent reply

User Stats

153
Posts
75
Votes
AJ Smith
  • Rental Property Investor
  • Bettendorf, IA
75
Votes |
153
Posts

[Calc Review] Help me analyze this deal

AJ Smith
  • Rental Property Investor
  • Bettendorf, IA
Posted

View report

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

Cool little analysis I just pumped out to buy a flipped property in my hometown of Davenport, Iowa. Brand new roof,  returns 12.63% at the Full Purchase Price assuming $1000 rent per month (3/1 with new interior) that I pulled from nearby comps, though I'm sure negotiation could lower purchase price or closing costs by a few grand to improve return.

Thoughts on the deal?

Most Popular Reply

User Stats

6,023
Posts
9,409
Votes
Dennis M.
  • Rental Property Investor
  • Erie, pa
9,409
Votes |
6,023
Posts
Dennis M.
  • Rental Property Investor
  • Erie, pa
Replied

Looks like not enough meat on the bone

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