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Updated almost 5 years ago on . Most recent reply
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[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
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Originally posted by @Herwin Jno-baptiste:
*This link comes directly from our calculators, based on information input by the member who posted.
Overall looks good but I would look into some of the expenses y down payment.
Utilities usually always left out and are big surprise by new investors: Pest control, Garbage, accounting and legal and sewer.
Pest control as must, monthly quarter or semi-annually your choice.
Garbage, who is paying for the collection and bins tenants? some cities include it on taxes.
Accounting & Legal. Always allocate for this as you will need it eventually/ Who is doing the taxes at the end of the year?
Sewer/water. Same as garbage but are the apartments in separate meters?
You might have to look for a higher downpayment and expect a higher rate due to the location unless you have a very localized bank.