[Calc Review] Help me analyze this deal
3 Replies
Michael Romanowicz
posted over 1 year ago
*This link comes directly from our calculators, based on information input by the member who posted.
Doug Shapiro
Real Estate Broker from New York, NY
replied over 1 year ago
Jaysen Medhurst
Rental Property Investor from Greenwich, CT
replied over 1 year ago
What does the $500/month "misc" cover?
What kind of property is this? SFR? Why would anyone pay nearly $3500/month to rent a house that can be bought for $150k? This makes no sense.
Insurance looks very high.
4% on an investment loan is probably optimistic.
Michael Romanowicz
replied over 1 year ago
Thanks for the reply. I apologize for the confusion, I am new to this site. For clarification, this is a 6-unit apartment complex.