If you don’t account for this upfront and a washing machine goes up, then the roof needs redone in 4 years, or the garage door needs replaced- that will eat into any cash flow you have built up for x amount of months.

I am buying a 14 unit and would like to put coin laundry in the basement.

All units 2 bed, 1 bath, White Quartz counters, stainless appliances, in unit laundry, hard wood floors and metal accent walls make this a unique space to call home.

Chester Baldwin at thr Wash LL association has been a great help and no one knows this stuff better than him.

Get some ugly sfh fix them up, then sell off the house with the lowest ROI using a 1031 exchange and buy two more ugly homes...wash/rinse/repeat.But look at your market, what is great advice in one area is terrible advice in another.Have fun!

Annual numbers are:Built in 1984 - Seems to be a B class complexPotential rental income $900K-$1M gross6% vacancy ($60K), $20K addition income from vending/laundry - no other amenities, $65K taxes, 5% ($50K) Capex, $28K Insurance, $16K contract services, $90K payroll/staffing, $150K repairs/maint, $6k utilities (tenants pay their own), $10K accounting/legal, $5k advertising/marketing, $100K (10%) PM (is that redundant with staffing?)

I have a Seller that wants to wash his hands with NC and move back to MS.

This is in an older part of town where rent is not very high, but I think I can bump it up to $550 for each unit.Rental Property Cash Flow Analysis[Property Description]Monthly Operating IncomeScenario AScenario BNumber of Units7 Average Monthly Rent per Unit495.00 Total Rental Income3,465.00 % Vacancy and Credit Losses5.00%Total Vacancy Loss173.25 Other Monthly Income (laundry, vending, parking, etc.)

She let me know that the washer standpipe was overflowing some when she did wash.

2 buildings, 10 units; each is 2 BR 1 bath,central H&A.Each unit has own inside laundry, secure gated property with security system.