COMP REPORT
Information you provided:
Location: Nampa
# of Bedrooms: 3
Interest Rate: 4%
Entry Fee: $30,000.00 or 7.5%
Total Debt: $400,000.00
Short Answer:
The Entry Fee is at the Market price
More in depth:
Based on our data you should pay about X% Entry Fee (this includes closing costs) or about $XX,000.00
The difference of $X,000 is not enough to make or break the deal.
Very in Depth:
So you should pay about X% Entry Fee (this includes closing costs) or about $XX,000.00 but no higher than X% Entry Fee or about $XX,000.00.
This is why:
We have 4 deals in the past that were located in Nampa and had 3 bedrooms
Based on the deals that we have a sold price on we came up with this graph:
If we look at not what sold but just based on asking price: