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Updated about 6 years ago on . Most recent reply
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[Calc Review] Help me analyze this deal, Inner cities Milwaukee.
*This link comes directly from our calculators, based on information input by the member who posted.
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Where is this property actually located? Inner city Milwaukee is pretty rough. I think your vacancy assumption is way too optimistic, especially if this is in the rougher areas. Also, 15% total for CapEx/Repairs is probably on the low side for the inner city.
I also agree with @John G. that your insurance numbers are way too low. Water & Sewer is also likely to much higher since it is standard in Milwaukee to have landlords pay for that utility.