Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

17
Posts
1
Votes
Robert Kretsch
  • Landlord
  • Buffalo, MN
1
Votes |
17
Posts

Good Deal or Bad Deal

Robert Kretsch
  • Landlord
  • Buffalo, MN
Posted

Hi all,

Any input would be appreciated. Looking for first SFR property and here is one I am currently looking at:

I would do property mgnmnt.

SFR property in Crystal, MN. (NW suburb of Minneaplis)

Cost = $120k. Rehab= $13k

Rent= $1400

Tax= $2200

Vac/credit = $1400

Repair/Replacement=$1500

Insurance=$1200

30 Yr conventional at 5% with 25% down payment

Thanks,

Most Popular Reply

User Stats

1,991
Posts
1,136
Votes
Sharad M.
  • Carlsbad, CA
1,136
Votes |
1,991
Posts
Sharad M.
  • Carlsbad, CA
Replied

Hi @Robert Kretsch

I would include the PM for your time or for future as your portfolio grows and you want to use a PM. Hope the link below helps.

Analysis

Loading replies...