Pretty new here coming in with my first analysis. Pick it apart if you will! I did have some trouble figuring out ARV due to limitations in the area with similar multi-family properties, so honestly I have no idea if thats even close. I just figure with it being old and getting some love it would pop up a decent amount. Could definitely be wrong though.
A couple questions I have is:
Points charged by lender. What does this entail?
Is there a general rule on monthly insurance?
How do I calculate annual PV growth?
lastly, annual expense growth?
Thanks in advance guys and gals, I look forward to learning a few things!
Take care,
Ben McCracken
*This link comes directly from our calculators, based on information input by the member who posted.
@Steve Hall Thanks for the advice Steve, I'm reading and listening every single day! I'm very aware that I'm nowhere close to where I need to be in order to successfully commit to purchase a property yet. I'm just following @Brandon Turner advice and trying to analyze one property a day so it becomes second nature eventually.