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Updated almost 6 years ago,

Snehann Kapnadak's profile image
Snehann Kapnadak's profile image
Snehann Kapnadak
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Oct 26, 2015
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User Stats

212
Posts
116
Votes
Snehann Kapnadak's profile image
Snehann Kapnadak's profile image
Snehann Kapnadak
  • Rental Property Investor
  • from Philadelphia, PA
  • Member since Oct 26, 2015
Connect
Snehann Kapnadak
  • Rental Property Investor
  • Philadelphia, PA
116
Votes |
212
Posts
Insurance

Estimate Insurance Quote

Snehann Kapnadak
  • Rental Property Investor
  • Philadelphia, PA
Posted

Hi Everyone,

Hope you had a good weekend!

Is there a back-of-the-napkin calculation for insurance quotes for small (2-4) multifamily properties? I'm looking for a quick way to add to my underwriting when I receive Seller Expenses that do not account for Insurance. Should I use, say 5% of purchase price? 3%? I'm looking in Kansas City, MO, if that helps.

Any insight would be much appreciated. Thank you!

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