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Updated over 3 years ago on . Most recent reply

User Stats

31
Posts
11
Votes
Adam Benenati
  • Real Estate Agent
  • Lake St. Louis MO
11
Votes |
31
Posts

St. Louis expenses (Duplex and four family)

Adam Benenati
  • Real Estate Agent
  • Lake St. Louis MO
Posted

Can anyone give some insight to average expenses for a duplex and four family? (Water & sewer, garbage, electric, gas, and any others I'm missing). 

Thank you. 

Most Popular Reply

User Stats

57
Posts
24
Votes
Eric Castelli
  • Investor
  • Columbia, IL
24
Votes |
57
Posts
Eric Castelli
  • Investor
  • Columbia, IL
Replied

On my two families in south STL, I generally see the following:

-Sewer/MSD - around $90/mo per property
-Water/Trash - around $175 per quarter (or about $58 per month)

All my tenants pay gas and electric so I can't speak to these exactly.  In the times these are in my name due to a vacancy or I am rehabbing a unit, I usually see a combined total between gas and electric of $100/unit/month (higher gas in winter, higher electric in summer).

For insurance, I usually pay around $100/mo, but only insure for purchase price.  Taxes generally run around $100/mo as well.

Hope this helps.

Eric

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