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Updated over 3 years ago,
Question on return on the hiltop
Hi all,
I own a fourplex property on the Hiltop on N Harris street.
I own for a few months so I don't have enough perspective, I am trying to calculate the return on the property and I am not sure how much to take off for vacancy and maintenance especially since the neighborhood is tough and I am not sure how many times I would have to go on eviction processes or have a high turn over.
If you have properties in the neighborhood could you please share from your experience how much I should take off from thee incoming rents calculation?
Thank you
Sharon