Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

[Calc Review] Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Most Popular Reply

@Justin Woodworth, the owner may be paying for utilities because they aren't separated. to do so would mean re-wiring and re-pluming the entire building and potentially installing 14 separate furnaces and water heaters. So, "instantly" bumping cash flow is unlikely. You need details here.
Repairs and CapEx are too low. Figure 15% combined.
What's the salt delivery?
Assume some initial repairs. At least $10k. There's always something.
If the owner is paying for all of the utilities, the associated expenses listed are ludicrously low. $85/unit/month for heat, hot water, electricity, water, sewer, and trash? Not on your life. I bet it's actually closer to $245/unit/month.