Feed back on analysis

[nepoez]

Hi all,

I`m working on the next target and I`m wondering if the following analysis is too naive. Any feedback would help, especially negative ones. The mortgage is put as 6% as a buffer for the future. The income could probably be higher, as garage can be rented out separately but I don`t want to put too much optimism in the analysis.

P.S. you need to scroll down for the details.

http://myasset.no-ip.org/myasset/asset/vie...120eaa2f98b0466

Thanks again all!

Nepoez

 

[housingrental]

Why no maintenance and no advertising costs?
Assuming your rental rates are accurate, and you can collect on it, and its a newer place that doesn`t need $$ into it you should be OK
Not a good deal but your unlikely to be bleeding cash each month

 

[invst4profit]

As far as cash flow is concerned I show negative monthly income due to unaccounted expenses.
I evaluate only the investment value of a property and do not include any future speculative value.

What is your source showing the property is worth $300,000. As a income property if you are paying $240000 then it is worth $240,000.
Counting future value as income/profit is speculation.

As an investment property this as a bad deal. I would pass.