Multifamily deal analysis

[Beerana Karthic]

Hi I am new multifamily investing wanted some help analyze 10 unit multifamily unit

It’s 12 blocks away from little Italy towards Glenville in Cleveland 

How much you pay for door how can I get the comps 90% rented and roof is new 

Six of the units are 2 bed 1 bath and 4 units are 1 bed 1 bath- 9 of them rented

How do I run the comps for this what would be the best price

Any recommendations on inspection company

[Greg Scott]

The value of an apartment is not based on comparative sales analysis.  Value is a function of the income the property produces.  

You could have two identical apartments, side by side, and one could be worth much more than the other because it is producing more income. Two identical single family houses, side by side, would be worth the same, because value is based on comps.

You need to learn how to underwrite an apartment.