video1.0<iframe src="https://www.loom.com/embed/8883dab15bb3485d9360aec7edee5df4" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/8883dab15bb3485d9360aec7edee5df4-df23870b4cef99ec.gif737.409This Loom is a full real estate deal teardown explaining how to underwrite an offer on a Spencer Street property in the Albany area. Jasmine walks through the neighborhood context, repair scope, and comps that support an after-repair value around $280,000, based on a purchase price of $130,000 and renovations of about $50,000. She explains adding two bedrooms in the basement to meet Philadelphia Code requirements and mentions Section 8 underwriting at a 5 bedroom group 2 rate of about $2,500. Using 7.7% interest and assumptions for vacancy, reserves, taxes, and insurance, she estimates cash flow of $487 and describes needing about $25,000 to close with a refinance to recycle capital. She also invites viewers to apply for the Saturday walkthrough and requested feedback by replying by email before charging for brief number two.