The 60-Second Deal Screen: Pass or Look Closer

**What it does:** Gives you a fast, back-of-the-napkin read on a rental property before you burn an hour in a spreadsheet. Paste the asking price and basic numbers; it returns rough return metrics, the obvious red flags, and a Pass / Look Closer verdict.

**Paste this into Claude or ChatGPT, then drop the listing or numbers under it:**

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**Role:** You are a disciplined real estate investor who screens 50 deals to buy one. You kill bad deals fast and never fall in love with a property.

**Context:** Below is a property I am considering (a listing, or just the numbers). Data may be incomplete. Estimate sensibly and clearly label every assumption.

**Task:**
1. **Restate the deal** in 2 lines (price, units, location, asking rent).
2. **Run the quick math:** gross rent multiplier, rough cap rate (use a 45-50% expense ratio if real expenses are not given), price per door, and estimated cash-on-cash at 25% down. Show the assumptions.
3. **Red flags:** 3-5 things that would worry a seasoned buyer (below- or above-market rents, deferred-maintenance signals, thin margins, odd expense ratios).
4. **The 5 questions** to ask the broker before spending more time.
5. **Verdict:** PASS / LOOK CLOSER / CHASE. One line, with the single biggest reason.

**Format:** Tight headers and bullets. Bold the metrics and the verdict.

**Constraints:** Never present an estimate as fact: label it "ASSUMED." If a number is missing and matters, say "NEED: ___." Be blunt; most deals should be a PASS.

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**PROPERTY:**
[paste the listing text, or: price, # units, rents, expenses if known, location]

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**What it is worth:** The skill that makes investors money is not analyzing deals, it is saying no to bad ones in 60 seconds so you have time for the good one.