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Updated over 5 years ago,

Faiz Yusufi's profile image
Faiz Yusufi's profile image
Faiz Yusufi
  • from Woodland Hills, California
  • Member since Mar 7, 2016
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User Stats

16
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5
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Faiz Yusufi's profile image
Faiz Yusufi's profile image
Faiz Yusufi
  • from Woodland Hills, California
  • Member since Mar 7, 2016
Connect
Faiz Yusufi
  • Woodland Hills, CA
5
Votes |
16
Posts
Multi-Family and Apartment Investing

Am I underwriting this deal right?

Faiz Yusufi
  • Woodland Hills, CA
Posted

Guys,

Got a 40 unit almost locked up in contract. 7% CAP using TTM P&L. Repairs, maintenance, vacancies all show on p&l so I'm going off that for CAP Rate or should I use the formula for vacancies/repairs to underwrite this deal? Property is less than 10 years old.

Let me know your thoughts. 

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