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Real Estate Deal Analysis & Advice
HomeForumsReal Estate Deal Analysis & AdviceAnalyze Existing Deal
Alan Hicks's profile image
Alan Hicks's profile image
Alan Hicks
  • Investor
  • from Lawrenceville, Georgia
  • Member since Sep 29, 2017
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Alan Hicks's profile image
Alan Hicks's profile image
Alan Hicks
  • Investor
  • from Lawrenceville, Georgia
  • Member since Sep 29, 2017
Connect
Alan Hicks
  • Investor
  • Lawrenceville, GA
5
Votes |
59
Posts
Real Estate Deal Analysis & Advice

Analyze Existing Deal

Alan Hicks
  • Investor
  • Lawrenceville, GA
Posted Jul 15 2020, 11:24

I already own a 3/1 rental property. Bought it 1 year ago.

Tenants pay on time @ $1150/month. Just signed their 2nd year lease.

Value - $135k

Balance - $100k

Rate - 5.75%

PITI = $900

Should I start paying an extra $4000/m to have it paid off by Dec 2021?

Thoughts ?

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