Hoping to make my first offer, please help me analyze this!

3 Replies

@Nicole Cerrato Better look at your numbers again. ARV of $515 I assume you mean $515000. You will be limited to 75% of ARV. Missing several soft costs. Vacancy and capex(capital expenditures) big ticket items like roofs and floors. Taxes look low for 415k property usually greater than 1%. Management costs look low when you consider rent up fees. Maybe 10-12%.

@Nicole Cerrato use the @ sign and start typing the name you want additional information or thanks, double click on their name. This way they are notified. Have you watched the video on how to use the calculators. You need to use useful numbers or how are you going to know if the property is worth pursuing.