[Calc Review] Help me analyze this deal
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Hello Kathiuka, the deal looks good, however, I did notice that you had an estimated of 1 month for renovation at 30,000. renovation usually takes longer to finish, around 3-6 to finish a renovation. Unless it's a small project. As for refinancing, I've heard on biggerpockets, that banks would like for you to own the property for a minimum of 6 months before you can refinance. I do believe that the percentage for Capex, vacancy, repairs, and management are a bit low. Best of luck to you!