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Real Estate Deal Analysis & Advice

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Jonathan Gragg
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[Calc Review] Help me analyze my possible first deal

Jonathan Gragg
Posted Feb 6 2020, 09:31

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

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Brandon Roof
  • Rental Property Investor
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Brandon Roof
  • Rental Property Investor
Replied Feb 6 2020, 10:37

Unless you hate money, don't buy this property.  Your assumptions on expenses are likely reasonable.  I can't really attest to the income so I'm going with the assumption you're in the ballpark there.  With this property, you are losing over $300 a month, every month, for as long as you own it.  Forget this one and move on to the next.  Best of luck in your search.