Questioning the numbers

[John Lewellen]

No deals yet but am looking. I keep “running the numbers” and I’m concerned I’m missing something. I’m looking at properties, 2-3 unit multifamily and single, with little to no repairs needed.

Looking at:

Estimate Rent/ income

Mortgage, tax, insurance

Vacancy (10%)

Maintenance (5%)

Cap X (5%)

Property management (10%)

Evaluating by rent to value % , cash on cash %, ROI

Am I missing or overlooking anything?