[Calc Review] Help me analyze this deal
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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
Looks like not enough meat on the bone