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Updated over 5 years ago on . Most recent reply

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Cody Ringler
  • Rental Property Investor
  • Central Texas
5
Votes |
38
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[Calc Review] Help me analyze this deal

Cody Ringler
  • Rental Property Investor
  • Central Texas
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

*This deal would be through a VA loan. I am active military so the extra income would be my BAH every month of $1000*

Most Popular Reply

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Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
2,466
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4,876
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Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
Replied

@Cody Ringler, the projected rent is for both units. With a VA loan you'll have to live there for at least a little while. You should run the numbers both ways, so you know how it will perform while you're there and after you move out.

  • You should expect something for initial repairs.
  • What does the Misc. cover? You should try to be as specific as possible.
  • What about insurance, water/sewer, lawn care/snow removal?
  • Management of 3% is a pipe dream. Will probably be 10-12%.
  • Jaysen Medhurst
  • Loading replies...