[Calc Review] Help me analyze this deal

[Jarret Durst]

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

[Tim Herman]

@Jarret Durst Run a budget. What is it going to cost you to rehab the unit between tenants and how many repairs are needed over a timespan. Your 5% vacancy is the equivalent of a tenant staying 20 months. Let's assume it costs $1500 to paint and deep clean between tenants. Assume you average 1 repair per year(mine average $150 per service call). So 1 1/2 service calls per 20 months=$225. $1725/20 months=$86.25 per month per unit. Did you do a capex budget and it showed $240 per month? Insurance seems low for 2 units. Flood insurance is expensive. Are the utilities separated?