[Calc Review] Help me analyze this deal

[Mark Williams]

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I was looking at gas and water paid by landlord and thought I could charge $55 each for gas and water as flat every month fee. How would you handle this? Also if rents are under martket what are your thoughts on instantly charging $50 more and then raising rent 5% annually? Would this be a good deal then? Its 1.12 on 2% rule now at asking price. Thought on how to get value?