Please Help me analyze this deal

[Jason Appel]

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

Hi all, 

I found a deal in one of the markets I am researching. 

A few things I want to point out based on the numbers I inputted. 

1. my Loan Interest Rate of 4.25% is strictly an estimate, but I figure with the decreased rates right now (3.50%-4.00% as of last week).

2. Closing costs: I did $5,000. I'm not sure if thats too high/low, but any advice on calculating closing costs greatly appreciated.

3. I did a small repair cost of $1,500 because the description of the property tells us about the new windows, flooring, plumbing, electrical, water heaters, gas furnaces etc. 

4. The rent amounts I put in my analysis is based on the information I found on Redfin.com. It gave a breakdown of the exact monthly amount for each unit (3 units) and their lease expiration. 

EXPENSES:

$50 for garbage: How can I confirm a number on garbage?

$170 for Water and sewer: again, is there a website with public information on water usage and price? 

$85 for Insurance

5% for vacancy, 5% CapEx (reminder: 2016 renovation), and 5% repairs.

I did 10% for management, as I would likely be hiring a PM.

Please don't hesitate to give me HONEST advice on my numbers. I am learning and want to continue to learn the right way.

Thank you very much in advance.

stay safe and healthy during this time.

Jason