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16
Posts
1
Votes
Randy Reyes
  • Corpus Christi, TX
1
Votes |
16
Posts

[Calc Review] Help me analyze this deal

Randy Reyes
  • Corpus Christi, TX
Posted

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

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User Stats

154
Posts
105
Votes
Scott Rogers
  • Rental Property Investor
  • Neenah, WI
105
Votes |
154
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Scott Rogers
  • Rental Property Investor
  • Neenah, WI
Replied

@Randy Reyes  For a straight cash flowing rental property $2,000 would not be enough for me (unless appreciation is a contributing factor). If it's a true house hack where you are using it to subsidize your living expenses then it might be ok.  Although I would prefer a cheaper price point that needed some forced appreciation through renovation. For the calculations, as @Jacob Sampson mentioned, 15% for vac/cap/maint is not enough.  I use between 20-35% depending on the age of the house, age of systems and management.  Best wishes.

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