Mixed commercial/residential property deal analysis

[Javonne Gray]

How do I analyze mixed income properties? The property has 2 residential units ( 1- 2/1 and 1- 1/1) with a two chair barbershop in the front space. Both units are empty, should rent for 725 and 600. There are renovated duplexes selling in the area for 65-75K. How much more might the barbershop add to the value? Seller says that only one chair is rented at this time but each rent for $600/month. I'm super new at estimation of repair costs but I think that it needs about 20k in repairs.