All Forum Posts by: Account Closed

Hey all, I'm a relatively new investor and have been looking for a house to purchase that I can rent by the room for some time now. I recently stumbled across a 5 bed 3 bath single family extremely close to the University of Minnesota campus. I ran the numbers on it and it looks promising. I'd be living in it for at least one year so I'd be getting an FHA loan. I looked at the truth of sale published just two weeks ago and everything looks good there. The listing also states that it's currently leased through August 2021. The only issue it seems I have here is funding, but I'm certain if the deal is good enough I'll find a way. Anyway, I've attached my calculations below, let me know if you have any thoughts or concerns. Thanks!