[Calc Review] Help me analyze this deal

[Amaju E.]

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

[Dave DeMarinis]

@Amaju E. What is the zip code? I think you should do a minimum of 10% for vacancy, CAPX and repairs. Also ow did you calculate your property taxes. They look OK but I'm curious. Is there one, zero or two driveways? Most landlords won't provide snow removal for a duplex. Two things I'd focus on here.

1. Is the property manager charging you 10%? If so, you will pay higher because they probably charge 50% or 100% for placing a tenant, possible upcharge on repairs, etc. It is tough to actually achieve 10% PM in Dayton if this is your only property.

2. CapX (and repairs) usually violate the % rules on low priced properties. You should do the following exercise. Add or eliminate categories and judge your costs. As an example, this would $196/mo ($2369/12) for CapX and you should increase by 2% per year.

Expected life is in years and there is only one roof but two HVAC as an example. The last column gives you your amount you should save annually for that item.

	Expected Life	Cost		Units
Roof	30	$7,000	$233	1	$233
HVAC	20	$3,000	$150	2	$300
Water Heater	10	$1,000	$100	2	$200
Stove	20	$750	$38	2	$75
Refrigerator	15	$600	$40	2	$80
WIndows	30	$5,000	$167	1	$167
Gutters	30	$1,000	$33	1	$33
Driveway	5	$1,000	$200	1	$200
Siding/Exterior	20	$4,500	$225	1	$225
Plumbing	25	$3,000	$120	1	$120
Electrical	25	$4,000	$160	1	$160
Structural Repair	30	$5,000	$167	1	$167
Cabinets	15	3000	200	2	400
					$2,360