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Updated 10 months ago, 02/26/2024

User Stats

43
Posts
10
Votes
Doug Davis
Pro Member
10
Votes |
43
Posts

Analyzing medium term rental deal

Doug Davis
Pro Member
Posted

I was trying to analyze a home for medium term rental.  Doesn't look like it will work well, however I'm more interested in if I am missing something. 

https://www.biggerpockets.com/analysis/rentals/249c5d76-1eba...

This is my first time analyzing a medium term rental. As I started entering expenses, it occurred to me that there were more expenses than I thought. Is there anything that you can think of that I may be overlooking in my analysis? I entered a higher CapEx than usual. I thought about renting as three separate rooms, although I've heard that this may lead to more issues, so may not do that.


10% Property manager (although, could self manage from out of state)

Electric, internet, water, garbage (with water bill)

vacant maybe 3 days a month due to how people schedule

a few fixes necessary

furniture/dishes etc.

lawn

insurance

taxes

cleaning costs

loan/loan closing costs

no HOA for this one

  • Doug Davis
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