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Updated about 6 years ago,
Expenses and cash on cash return
Hello,
I am starting my quest into investing and renting multi-family units. I wanted to get your opinion on expenditures. I know I need to compensate for electric, water/sewer, property tax, garbage, vacancy %, repairs/maintenance %, and capital expenditures. I am incorporating these when I am evaluating deals. What other expenditures should I include when evaluating if a deal will give me good cash flow and cash on cash return?
Thanks,
Nick