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This is a cash only property, I am calculating this as if I got a va loan approved. Correct me if I'm wrong but to me this looks like an awesome deal especially as a first investment.

The rent seems very high for a 60k property. How confident are you in the rental comps? Also, repairs always end up being 5-10k minimum in my experience unless you are doing the work yourself.

Not confident. It is a 4plex i plan on living in one.

Area rents range from 500 to 1k. so i'd be confident with that rent rate.