[Calc Review] Help me analyze this deal

3 Replies

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  • Rental Property Investor · NC · Member since 2018 · 776 posts · 776 votes
    7y

    You have no PMI listed. Even if you could talk the seller down to 190k, cash flow for $100 a door is not great. Most of the time that will find its way anywhere but your pocket.

  • Real Estate Agent · Cupertino, CA · Member since 2016 · 4k+ posts · 1k+ votes
    7y

    You need to live there and can not resell in 90 days. FHA has insurance. Need to check if a leaky roof is qualified or illegal structures or unpermitted work.

    The return seems to be decent.

  • Rental Property Investor · Greenville County SC / Atlanta, GA · Member since 2017 · 403 posts · 120 votes
    7y

    THANKS FOR INPUT GUYS IM GOING TO WALK AWAY FROM THIS ONE. SORRY FOR CAPS ,

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