I don't see any expense lines for heat, electric, trash, snow removal?

@Allan Snow  don't take my comment wrong I love CA I bought 2 homes in BC personally and lent money there.the reasons you have foreclosures like you have in the US is simply the govmit commitment to put folks that really should be renters into home ownership.. in CA you have to actually qualify .. plus your a much smaller country population less than the state of California..

(Recommend 5%)  (Lawn care/snow removal, legal, accounting, marketing, pest control, etc)You still did not provide the current owners NOI.  

@Austin Snow I agree with Matt.

It also may cover sewerage, garbage removal, snow removal services.

expenses: yard, vac hall, snow, $ 730 per yrelectric landlord       $ 400 yrinsurance yrly          $ 2,500taxes                        $3,500 yrwater/sewer        $ 1.200 yr mortgage loan    $ 13,000 yrproperty mgmt

Bend still have 3ft of snow around town (;I am not good with BP so I will attempt to reach you on PM - or try me.

This depends on if the multifamily property is submetered, and how your local utility companies bill for utilities (Ex: They might bill you straight for all garbage cost).You need to also factor in snow removal costs(Especially in Canada) and landscaping(moving lawn, etc).Let me know if you have any further questions.

The only thing it's good for is operation in cold weather...I mean the thing'll start having been buried in snow for 2 months :)Turns out, he has a home in Alaska HAHAHA!

I am not considering water/sewer, garbage, electric, gas, HOA fees, lawn/snow in expenses.