[Calc Review] Help me analyze this deal

[Jennifer Gore]

Hi,

I am a new member and watched David Meyer's webinar " How to Buy Multi Family Homes" yesterday. Can anyone give me some input on this deal? 

Thanks so much!

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[Austin Steed]

Management fees of 5% might be hard to find. If you can, more power to you! In Columbus I pay 7%, there's a few other small fees and they take 1 months rent when leased. 

Also you taxes are super low. Again, if that's the case - great! I would make sure that you run your numbers tax adjusted though. Meaning you expect the auditor to up the taxes to what you paid for the property. 

The property looks like it's a single family home. Wouldn't you just have the tenants set up water in their own name? Might be able to get rid of that expense.