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Updated almost 5 years ago on . Most recent reply

User Stats

84
Posts
139
Votes
Nina Granberry
  • Rental Property Investor
  • Brooklyn, NY
139
Votes |
84
Posts

Estimate Utility Costs (water, sewer, garbage, etc) in KC?

Nina Granberry
  • Rental Property Investor
  • Brooklyn, NY
Posted

I am currently practicing deal analysis, using the rental property calculator tool. It takes me a while to analyze a deal and even then, I am not 100% confident that my numbers are right each time.

I'm trying to make my numbers as accurate as possible.

Where do you all search for estimating the costs of the following:

+water and sewer

+garbage

+gas and electric

I have been listening to many podcasts and webinars and I know the answer could be as easy as googling it, but I would like to know what other, experienced investors do to estimate these costs when analyzing a deal. Where do I look for these costs?

I am analyzing multifamily deals in Kansas City, MO.

Thanks!

Most Popular Reply

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2,107
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1,152
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Alex Olson
  • Real Estate Broker
  • Kansas City Metro
1,152
Votes |
2,107
Posts
Alex Olson
  • Real Estate Broker
  • Kansas City Metro
Replied
Originally posted by @Nina Granberry:

I am currently practicing deal analysis, using the rental property calculator tool. It takes me a while to analyze a deal and even then, I am not 100% confident that my numbers are right each time.

I'm trying to make my numbers as accurate as possible.

Where do you all search for estimating the costs of the following:

+water and sewer

+garbage

+gas and electric

I have been listening to many podcasts and webinars and I know the answer could be as easy as googling it, but I would like to know what other, experienced investors do to estimate these costs when analyzing a deal. Where do I look for these costs?

I am analyzing multifamily deals in Kansas City, MO.

Thanks!

 Are you talking KCMO? If so, water is about $50 a unit and it includes sewer. Trash if in KCMO is included. Electrical is about $100 a month for a 2 bedroom. Gas varies. However in KC all of the above can be charged to the tenant. If you have no vacancy you have none of the above costs. Hope that helps.

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