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David McMaster
  • Rental Property Investor
  • Mason, MI
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[Calc Review] Help me analyze this deal

David McMaster
  • Rental Property Investor
  • Mason, MI
Posted Apr 20 2021, 19:00

Hey all,

I'm working on landing my first deal. I came across this property that seems really good. There is a lot more work to get it rent ready than I wanted for my first, but seems like a really good price and will work out in the end. I'm not sure I captured all the operating expenses, but tried to be conservative with what I put in. As far as the rehab costs I know it needs a roof, siding, and possibly windows. One of three units is rented to a long term renter. One is gutted and they other still needs some work to get it ready. I am meeting to walk through the property this week. Any comments or advice is greatly appreciated!

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*This link comes directly from our calculators, based on information input by the member who posted.

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