First year investment analysis!

[Isaac Swan]

Tried to upload it directly into the blog but couldn't so I uploaded to Google docs for all to view! Comment! Ask Questions! Teach me! :)

First Year Analysis

[Anthony Palmiotto]

I would suggest that you analyze this property based on a "typical year" such that you include expenses such as taxes (even though you're not paying them year one). I would also not include "other charges" unless they are regular recurring charges such as laundry etc. I wouldn't be counting on charging and receiving a set amount of late fees. I would estimate repairs/maintenance/reserves at $500/unit, not $250. Finally, 3% is too low in most markets around the country so I would double check that.