[Calc Review] Help me analyze this deal
1 Reply
Anthony Agnone
from Atlanta, Georgia
posted 12 months ago
*This link comes directly from our calculators, based on information input by the member who posted.
Tchaka Owen
Real Estate Agent from Merritt Island, FL
replied 12 months ago
Hi @Anthony Agnone , a few comments:
1. It is unlikely that your taxes will be that low. Perhaps that's the current number, however a $160k home will very likely have considerably higher taxes.
2. Given that the home will have just been rehabbed, it's ok to drop your Repairs and CapEx from 8% to 5-6%.
3. If your numbers are accurate, I'd consider selling the home and moving profits into the next deals. I use plural because you could leverage into more than one. These numbers are approaching "home run" range.
Good luck!