[Calc Review] Help me analyze this deal

[Mike Celli]

Ran an analysis on this. The rents are below average according to Rentometer. There is also the possibility of installing a coin laundry to increase revenue.  I think the area is pretty good. I've been around there a bit over the years though I've never seen this particular property. I believe I estimated accurately for a commercial loan. $10k for repairs may not be enough but it's tough to say from just a photo.  The property is interesting, recently (2017-18) renovated from a motel to studio apt's and 100% occupied, according to the listing. Interested to hear people's opinion's on my analysis. 

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