[Calc Review] Help me analyze this deal

[Stephen Witkowski]

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*This link comes directly from our calculators, based on information input by the member who posted.

This deal looks like it cash flows well to me. If I don't put any money into repairs (I've never seen the inside so I have no idea what condition it's in - this is just an exercise), I'm seeing around 15% cash on cash return.

When estimating the rents, I went under what the seller had reported. You can see in the description that the seller is reporting total rent from all 10 units being $5,275. I assumed that that was high, can tried to price it a little better. 

By my math, a 10 unit apartment can have 2 3-bedroom units,  4 2-bedroom units, and 4 1-bedroom units

I assumed that the 3 bedroom units would yield $600, 2 bedroom units $500, and 1 bedroom units $400. This is a little conservative in Killeen, but not knowing the condition I wanted to plan for poorly maintained units. This adds up to $4,300 per month in rental income. 

I'd pay for water and sewage, which I estimated at $40 per unit per month - any advice to get a better gauge on what I could expect for that bill(s)?

I found a garbage rate which is about $18 per unit per month.

This is my first analysis I'm posting, so any kind of feedback is helpful!