Updated over 6 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
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How did you come up with 60K repair cost? is it proforma or quote from a GC? Seems like a larger rehab and if it is your first time, a lot of things can go wrong.
Property Tax seems low
is it a C or D class property? I am guessing D?
Insurance could be anywhere from 1200 to 1400 for this property, again guessing based on my knowledge on owing several properties in and around Cinci. You should get a quote. These small things can eat significant cashflow.
Expect a lot of things can go wrong and account for those unexpected things.