Need help with moving forward with a deal.

[Bridget Smith-Osbourne]

Hi Everyone,

First time posting on forum. I need to know what my offer price should be and need help analyzing deal. 10 unit 2br 1ba 100% occupied. Asking price $199,00. Taxes $3660.84/year, insurance $2000/year, H2O = $300/month. Dumpster $150/month. Security light $40, landscaping $100/month. Parking lot needs repaving cost $17,000 which does not need to be done immediately. Property has cosmetic deferred maintenance( i.e dirty carpet/flooring). Rents can be pushed to $450/ month with proper management and improved cosmetics. Not sure if I have factored in everything, please help.

Thank you, Bridget