[Calc Review] Oakland, CA Investors- Help me analyze this deal

[Amaju E.]

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[Tim Herman]

@Amaju E. Are you self insuring? I don't think a mortgage company will allow you not to have insurance.I don't think your capex numbers are high enough. Example if you have 4000 sf of carpet in your rentals. Me to replace it would be around $6 sf. As per IRS life span is 5 years. 4000 sf*$6=$24000/5 year life span/12 months in a year=$400 per month in carpet capex. Still have to budget for appliances and hot water heaters, 12 year life span, roof 25 year life span, hvac 20 year life span, minor kitchen and bath remodel 20 year life span, etc.