Any service, installation, connection, maintenance, construction, tap or reimbursement charges/costs for sewer, water, garbage or electricity.Numbers 1 to 6 all have the statement of not shown by the public records.

) - Gross Monthly Operating Income 1,306.73 Monthly Operating ExpensesProperty Management Fees$142.50Repairs and Maintenance 142.50 Real Estate Taxes 75.00 Rental Property Insurance 94.00 Homeowners/Property Association FeesReplacement Reserve 130.00 Utilities 50.00 - Water and Sewer - Gas and Electricity - Garbage - Cable, Phone, InternetPest Control 50.00 Accounting and LegalAdvertisingMonthly Operating Expenses 684.00 Net Operating Income (NOI)Total Annual Operating Income 15,680.70 Total Annual Operating Expense 8,208.00 Annual Net Operating Income 7,472.70 Capitalization Rate and ValuationDesired Capitalization Rate7.50%Property Valuation (Offer Price) 99,636.00 Actual Purchase Price 90,000.00 Actual Capitalization Rate8.30%Loan InformationDown Payment 25,000.00 Loan Amount 65,000.00 Acquisition Costs and Loan Fees 2,500.00 Length of Mortgage (years) 30 Annual Interest Rate6.000%Initial Investment 27,500.00 Monthly Mortgage Payment (PI) 389.71 Annual Interest 3,878.29 Annual Principal 798.21 Total Annual Debt Service 4,676.49 Cash Flow and ROITotal Monthly Cash Flow (before taxes) 233.02 Total Annual Cash Flow (before taxes) 2,796.21 Cash on Cash Return (ROI)10.17%

The garbage disposal will go out, they will take out the garage door.

Is there garbage all over, is grass over grown, etc.Check proximity to schools.

Originally posted by @Nick Keesee:Realize as well that almost all of the deals you find sitting on LoopNet are garbage because they have been seen my hundreds of eyes before you and they all passed.   

Here are a few things you may want to consider: Common Area Maintenance (CAM), repairs, parking, late fees, taxes, excessive use of CAM, insurance,  utilities, garbage, transfer of ownership  etc.

The house has all kinds of garbage and remnants of the prior owner there. 

Even garbage pickup has been suspended for weeks because manager is not on top of anything.

What if they do a garbage remodel, or F it all up, and in 3 years go nah...we are moving. 

A broken garbage disposal or dripping faucet is not an emergency.3.