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Updated over 6 years ago on . Most recent reply

Jose Lira's profile image
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Jose Lira
  • Rental Property Investor
  • from Renton, WA
  • Member since Apr 29, 2017
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Jose Lira's profile image
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Jose Lira
  • Rental Property Investor
  • from Renton, WA
  • Member since Apr 29, 2017
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Jose Lira
  • Rental Property Investor
  • Renton, WA
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Real Estate Deal Analysis & Advice

[Calc Review] Help me analyze this deal

Jose Lira
  • Rental Property Investor
  • Renton, WA
Posted

Hi everyone, 

I would love your input on this numbers. 

Thanks!

View report

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

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Thomas S.#2 General Landlording & Rental Properties Contributor
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Thomas S.#2 General Landlording & Rental Properties Contributor
Replied

What are the average mobile home  lot rents in your area. How old are the MHs, do you have any previous experience investing MHs.

Mobile homes are not valued the same a stick built homes and expenses are guaranteed to be 50% of rental income.

MHCs are not valued the same as conventional rental properties so you must make sure your ARV is actually consistent with a park. Begin with researching other parks in your area.

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