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Updated about 1 year ago on . Most recent reply
Pleeeeeeeease Help!!!!!![Calc Review] Help me analyze this deal
This is the property I need help with.
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply
Quote from @Kevin Sobilo:
@Irving Moorehead, Why would you even analyze this deal? Doesn't appear to be anywhere near close to positive cash-flow.
I have 2 comments that might bring it a little closer.
1) Garbage is listed as $252 per month which seems very high unless this is a large multi-family where you need a dumpster each month.
2) Maintenance and Cap Ex would be fine at 5% of rent or $157/month each.
This property is in the city of St. Louis where they provide trash service. The seller listed an annual cost of $3,024 for trash service. I just divided that number by 12. It’s a 6 family unit.