[Calc Review] Help me analyze this deal !

[Griffin Shahmanesh]

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[Jaysen Medhurst]

@Griffin Shahmanesh, since this is a duplex, break out the rent for each side. As far as your analysis:

• Vacancy is very low. I usually use 8% for MFR. This is very localized, though.
• CapEx and Repairs are low. I underwrite to 15% combined. On a relatively inexpensive property like this, you might want to even bump that up a bit.
• What are you paying electric? Isn't there a meter for each unit?
• What is "Misc" covering? Best to break out all of your expenses as best you can.
• Insurance looks very low. I'd expect 2-3X that. Talk with a local insurance agent.

My main worry with this property is that it looks like a pretty crappy area. That would lead to higher vacancy and repair costs. That will also be the most risky asset class give our current economic uncertainty.