[Calc Review] Help me analyze this deal
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Im looking to invest in a student rental but not sure if im running the numbers correctly when it comes to the refinance section and using hard money.
10br at $550 per room = $5,500 income per month
purchase price $199,900
down payment $5,000
property taxes $313 per month or $3,756 annually
home ins $53
mortgage ins $121
30 year mortgage at 4.15%
repairs $10,000
ARV $215-225K (IT DOESNT NEED MUCH WORK)