Remember, when it comes to real estate cash flow, calculating your rental property income and expenses accurately will be your key to success.Are you fully aware of the mechanisms driving cash flow in rental properties?

You'll want a good agent/inspector to analyze the structure and mechanicals, at which point you can get more precise. 8% vacancy is a safe conservative number (1 month/year).

Property needed almost all new mechanical, had asbestos siding which needed to be re mediated, and the re-sided.

This will include architectural work only and excludes the design cost fo structural, electrical, plumbing, HVAC, and mechanical.

New roof, flooring, bathroom and kitchen as well as brand new mechanicals.

It's a Class C and there are currently mechanics in the same building location.

There is already a mechanism to deal with job loss called unemployment benefit, which congress may extend to 100% in which case there is no loss of income.

The bones and mechanicals of the property were all in great condition.

Not just emergency repairs, but also pro-active repairs like keeping track of the roof, exterior spaces like porches and decks, mechanical, common spaces and grounds. 

"You can do a gut rehab of my 2 flat, dig out the basement, put in all new mechanicals, install 40 new Marvin windows, add 3 bathrooms, and put on a new roof for like 60 grand, right Steve?