All Forum Posts by: Andrew G Montoya

Thank you @Tim Swierczek

Thank you @Tim Herman, you're right they are soft and i wrote without expenses which I will correct in the future. thank you.

@Corey Hawkinson its in maple grove which is north westish of Minneapolis.

@Satyam Mistry my brother and I are looking to jump in our first investment together and he lives in the area. And we were actually optimistic on the appreciation side but it looks like we're going to have to tighten up the numbers so we can see a more realistic view of what's going to happen.

Thank you guys for the input it is so helpful!

Im sorry this is my second post, geesh time flies.

Hey guys this is my first post on Bigger Pockets!!!

So I need some advice or maybe there is someone that would be interested in the deal. 

Single family town house. 2bed/1bath

House price: $195,000

20% down payment: $45,000 (including closing costs) 

monthly note: $1200 (not including expenses/30 year mortgage @5% and HOA)

average rent in area : $1500 (2bed/1bath)

It looks like a good deal to me but I know that you guys will tell me the right things!

https://www.biggerpockets.com/calculators/shared/988861/a69fb8e7-acb4-4e50-bb44-037eda868f62

Hey, first off I would like to say hello the bigger pockets community! You guys are great.

I have been trying to use the calculator using the brrrr strategy but i  think some things are off with my calculations and I really could use some help because I think some things are off. Attached is a link and I really appreciate any input.

Thanks so much!

https://www.biggerpockets.com/calculators/shared/988861/a69fb8e7-acb4-4e50-bb44-037eda868f62