[Calc Review] Help me analyze this deal

4 Replies

Hi BP,

I need some help in understanding this report. When it says "Total Profits", does this mean I'll make back the cost of renovations plus an additional $20k?

P.S. Is this a good deal?

View report

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

It would be traditionally financed. The carrying cost is the mortgage. I didn't add the utility expenses. I'm expecting to be less than 30 days of renovations.