[Calc Review] Help me analyze this deal

[Robert Collins]

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[Tim Herman]

@Robert Collins minimum insurance for me is $50 per month per unit. I think my cheapest landlord policy is $60 per month now. I can't answer your question on hard money lenders, maybe someone else will chime in. Yes capex is the most underestimated expense beginning investors make. it doesn't make any difference if everything is brand new. What makes a difference is if it is old.  Using the flooring example before. Let's assume it has been a rental for 5 years. You now have only 5 years to recoup enough money out of the rental to pay for the replacement. $7200/5 years left on life span/12 months in a year=$120 per month capex for floors alone.