Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 15 years ago,

User Stats

52
Posts
0
Votes
Frank Gossman
  • Real Estate Investor
  • Bradenton, FL
0
Votes |
52
Posts

please anylize 84 units

Frank Gossman
  • Real Estate Investor
  • Bradenton, FL
Posted

Goodmorning Everyone: Ineed some of your great advice!!
units 84
pr/pr/unit $ 58,333
rentable S F $ 66,054
Pr/sq/ft $ 74.18
reroof 03
paint 07
a/c repl 90%
act/income 2009 $679,173 2008 $685,500 2007 $ 410,000
vacancy rate of 5%
act/exp. $ 283,497 this is total of all exp.
NOI= $395,716
Assum Mort=$ 3,400,000
rate=5.9
amortorized= 30yrs
yrs/remaining= 8.5
renewable
40 units=$ 629.00= 1/b 1ba
24 units= $830.00= 2b/2ba
15 units= $925.00= 2b/2ba
5 units= $1100.00= 2b/2ba

my thoughts assume $ 3,400,000 give seller $ !70,000
thats 5% of sale price. ( IF I CAN )
Sorry this is sooo long but your thoughts would be greatly appreciated. This prop. is 2 story all brick, loc:scale 1-10 ( 7 )
this is in fl. 11 mil from the beach.

Loading replies...