[Calc Review] Help me analyze this deal
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Im not sure if im calculating the vacancy rate correctly because it is a 4-plex, i thought i'd put it at 6% rather than my normal 15%. Im wondering what other people do and also, my cashflow doesnt seem right to me. I feel like it should be higher but i guess im missing something. This property is listed at $214,000 but im offering $169400. Should i go with conventional loan or a commercial loan and BRRRR it? I calculated it as a BRRRR even thought it just needs new flooring and paint. I dont plan on doing that to the units until the tenants move out. Im going to run this by a lender but wanted my friends at Bigger pockets to help first. Any tips on this one?