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[Calc Review] Help me analyze this 5 unit deal
Hello,
I ran a report on a 5 unit property that I want to make an offer on. I have now managed to confuse myself as to whether this is a good deal or not as the monthly expenses I calculated using the BP calculator are much higher than the actual 2017 expenses that I received from the broker:
Total annual expenses (from the broker) for 2017: $9664
Total annual operating expenses using BP calculator: 19845.36
Did I input something incorrectly or are the BP expenses the more pertinent numbers?
Thanks!
*This link comes directly from our calculators, based on information input by the member who posted.