[Calc Review] Help me analyze this deal

2 Replies

Hi everyone this is the first property I tried to analyze.  Every time I analyze a deal, the refinance is coming in upside down.  What part of the numbers am I missing.  Even though this deal may not be worth it, I feel like I am doing something wrong.  Even when I lower the original purchase price of the property to $80,000, I still feel like my refinance value is where I am going wrong.  Please help push me in the right direction.

I believe it's because you're putting 100% down in the purchase price. It does not account for a monthly payment. The refinance would mean a monthly payment, and so it effects your 50% rule negatively.