My 1st Deal [Calc Review] Repairs high but cash flow is good

[Kimberly Fisher]

I'm super grateful for any advice on this. This SFR is rented through 6/22. Tenant is Sec 8 with lease renewing for 2 yrs (no increase - but current rent is very generous). I only have to end of business today to send to seller.

Inspection came back with needed updates as follows:

REPAIRS - Based on Inspection Report	LOW RANGE	HIGH RANGE
Roof	341	500
Masonry	439	439
Carpentry/Handyman (Rails, doors and fixtures)	620	980
Electrician (new panel and minor fixes)	3983	4393
Window	446	566
Concrete	851	971
*Knob and Tube replacement	4500	10000
*Lead entry water pipe	2500	4500
*Sewage pipe house to street	4500	12000
TOTAL	18806	35265
Not included above
Plumbing to be repaired by seller (not lead pipes or sewer line replacement)	626	916
Paint and drywall (minor, cosmetic - can wait until next tenant)	1126	1366
TOTAL	20558	37547

View report

*This link comes directly from our calculators, based on information input by the member who posted.