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Updated almost 7 years ago,
4-plex deal analysis
Hey guys,
Appreciate it if some folks could provide feedback on my deal analysis. Want to see if i’m on the right track. This is two duplexes. I wasn’t too sure about my capex and repair costs. I think Brandon said around $200 (repairs & capex) for sfh and 8% of gross rent for multifamily. I ended up going 5% repairs, 12% capex because that works out to $400mo~. I figure two duplexes will be around the same as two sfh’s, right?
Also, i figured each duplex could share a large trash can. Is that reasonable or should everybody have their own?
I figured $120mo for lawn service, but only for 6 months. I didn’t include a snow removal service. Or is that something i should provide with multifamily?
I included a water/sewer guesstimste but did not include gas/electric as it’s my understanding that the tenant typically pays for that.
https://www.biggerpockets.com/buy_and_hold_results/606753.pdf?c=1519067776
http://www.loopnet.com/Listing/1830-Clifford-Ave-Rochester-NY/11382207/