It turned out the guy they subleted to had no idea how to conserve water an just left a hose running in the back garden.

Property is a 2 flat total of 5 beds 2 baths, but has a unfinshed garden apartment below grade. after rehab rental income would be $2200 if garden unit is converted. total debt service is $900. annual rent of $26,400 -debt service $10,800=$15,600.

Gross Rental Income $: $285,276Total Monthly Income: $24,264Total Annual Income: $291,176Gross Rent Multiplier: 8.59Taxes: $24,524 - 2019Total Annual Exp: $83,298 - 2019 - ActualExpense Source: ActualNet Oper Income $: $193,615 - 2019Cap Rate: 7.75Janitor Expense: $7,750 - ActualFuel Expense: $1,452 - ActualElectricity Expense: $3,912 - ActualWater Expense: $7,333 - ActualScavenger Expense: $2,748 - ActualInsurance Expense: $5,033 - ActualRepairs-Decor Expense: $7,750 - ActualManager Expense: $13,846 - ActualOther Expenses: $8,950 - ActualOperating Expense Includes: Advertising, Gardener, Other, Snow Removallist price 2.5milmy offer is 2 mil at 42% expenses (10% vacancies)  1.37 DCSR,25% down 3% closing cost ,coc 10.90% ,CAP RATE 7.37 someone please advice me what would be the perfect offer for this property?

I don't consider gardening maintenance but some tenants do. 

Every now and then, theres a Groupon for pre-licensing courses through Metro Brokers and Better Homes and Gardens.

ACTION = seed planted (to get something out of the garden you must plant)

Large backyards are great for making mini points of interest like a garden area, gazebo area, sheds etc. 

Hi all,I was looking for someone who has experience in the garden/walk-up level multifamily space in the Denver area.

One concern is that there was previously a pool in the back and that appears to have been filled with dirt and made into a garden area.

In the general area of Redford , Westland , Livonia , Garden City.