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Updated over 6 years ago on . Most recent reply

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208
Posts
90
Votes
Heshel Mangel
90
Votes |
208
Posts

[Calc Review] Help me analyze this deal

Heshel Mangel
Posted

View report

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

Most Popular Reply

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135
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61
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Priya Thomas
  • Investor
  • Cincinnati, OH
61
Votes |
135
Posts
Priya Thomas
  • Investor
  • Cincinnati, OH
Replied

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.

  • Priya Thomas
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