FIRST INVESTMENT [Calc Review] Help me analyze this deal

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  • Rental Property Investor · Steamboat Springs, CO · Member since 2017 · 255 posts · 154 votes
    8y

    You don't mention where it's located, but on paper it seems like a pretty good deal.

    But:

    I'm extremely skeptical of a 220K ARV if it only needs 10K work. How are you getting it for 110K?

    Repairs/CapEx/Vacancy projections might be a little low.

    You should budget for property management, even if you're planning to self-manage.

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