[Calc Review] Help me analyze this deal

[Dan Shelhamer]

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

I am looking for some insight on this deal.  A couple things that I have questions on:

• I plugged in all of the individual expenses, but they don't add up to the Total annual Exp listed which is $11,447.  They add up to $9,295.  Are these 2 numbers supposed to match?
• Do you see any places where expenses could be reduced?
• I added in another 5% for repairs, even after adding in the $1,400 owner projected repair cost seems very low.   Would it be better to just project 10-15% for this and leave out the $1,400?

Thanks in advance!

Total Annual Exp: $11,447 - 2017 - Owner Projection

Expense Source: Owner Projection

Net Oper Income $: $11,156

Cap Rate:

Janitor Expense: $0 - Owner Projection

Fuel Expense: $0 - Owner Projection

Electricity Expense: $1,300 - Owner Projection

Water Expense: $1,995 - Owner Projection

Scavenger Expense: $1,100 - Owner Projection

Insurance Expense: $3,500 - Owner Projection

Repairs-Decor Expense: $1,400 - Owner Projection

Manager Expense:

Other Expenses: $0 - Owner Projection