All Forum Posts by: Jerry Stasse
Jerry Stasse has started 1 posts and replied 2 times.
Post: [Calc Review] Help me analyze this deal
Jerry StassePosted
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-Insurance: Compared to similar properties in area. Will recheck that.
-Owner is holding mortgage.
-Taxes pay for trash and metered separate for water and electric. Lawn care is one of our other companies, but I will raise that anyway just in case.
-Taxes currently $6k, this was after based on calcs around the area.
-Hard money loan for the 500k, pay out after completed.
-The final ARV of course is important, need to sit down with bank to discuss. Based on the avg cap rate in area, 9. It would be worth 1.4mil but I do not see that
Post: [Calc Review] Help me analyze this deal
Jerry StassePosted
- Posts 2
- Votes 0
*This link comes directly from our calculators, based on information input by the member who posted.