[Calc Review] Help me analyze this deal

[Account Closed]

This is my first small apartment building that I'm working on for buy and hold. I would love to get your feedback and comments in event that I'm missing something.

It's a 7 unit building and each unit is 2/1. There are separate meters for each unit.

Here is my analysis for the current rent: Current Rent

It's a B- area with low crime. Here is my current market rents analysis: Market Rent

If you have any other questions, please let me know.

Jovon

[Michinori Kaneko]

@Account Closed

Hi there,

that's a pretty significant change in Income, are you sure it's achievable? Also your estimates on vacancy, capex, and repair seems really low (not to mention $0 upfront fixing - there is always something to repair). Especially with MFH, quality of tenants are lower than SFHs so the vacancy/capex/repairs should be higher than a typical SFH imo. Hope that helps.