Seeking Advice: Bath Maine Duplex

[William Wironen]

I think i'm being pretty conservative on some of the numbers given the area but would like a second opinion on this duplex in Bath, ME.

Notes:

• Currently renting for $940 per unit but given the craigslist/rentometer data, could easily rent for $1100-1200/mo
• Management costs are set at 9% in the given scenario but we may be able to find lower costs/fewer features
• Estimated water/sewer costs based on usage in the area and recently updated rate tables

Any help or advice would be appreciated. My overall thought: try to get the property for less (I know, right?) and ensure the monthly rental rates at $1,100/mo are achievable with current tenants.

Thanks,

William

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