[Calc Review] Help me analyze this deal (Looking to house hack)

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  • Corpus Christi, TX · Member since 2020 · 16 posts · 1 vote
    6y

    I am looking to house hack this deal, so the rent amounts are project once moving out. Current tenant is paying $1,300 lease up to date. Ill be -$400 out of pocket while living in unit. The rents on this side of town run for +$1,100. Now the roof needs to be redone on house and garage so looking to get house at $205,000 they are asking $230,000

  • Member since 2020 · 33 posts · 9 votes
    6y

    Wow That looks really nice. I'm guessing you are just looking for a rental ? Nice CoC/Flow. Havent seen the inside, but know you can go through 10k REALLY FAST, especially if you aren't doing work yourself (pros/cons here). Looks good on paper !

  • Corpus Christi, TX · Member since 2020 · 16 posts · 1 vote
    6y

    @Larry Richardson yes inside looking nice looks like someone intended for a flip, so renovated interior but didn't replace either roof. I am a licensed electrician so very hands on when it comes to personal repairs but roofing is obviously way over my head, so got rough estimate regarding that repair.

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