Pittsburgh Buy & Hold Rental Calculator - Help!

[Savannah Lewison]

I have not yet purchased a buy & hold property but am beginning to analyze deals in order to get some practice in. This is a real property that is available now. How are my numbers looking for those familiar with the Pittsburgh area, am I missing anything? Does this look accurate? Any help is appreciated! I want to be ready when the right deal does come along. 

PS. If I had the cash, lived in the area and these numbers are correct I would jump on this one!!

[Anthony Angotti]

@Savannah Lewison overall your analysis looks alright. One thing that I will say is to add your water/sewer bill which will be 35-75 per unit. Then you'll also want to make sure that you are including all expenses. If a prop is in the city then you won't pay trash, but many of the suburbs have a separate trash bill. Or you are going to pay a service to collect it for you. Some municipalities also have stormwater and other expenses. 

Also, add insurance. I don't see that there. You'll need to figure that based on each property. A good broker could help you get an idea. @Casey J Burkhead is who I use. 

Also prop management will be 8-10% of rents, but will also include leasing fees and lease renewal fees. So the actual cost on here might be a bit higher.