The reason I ask is because you'll never be replacing roofs, siding, driveways, etc and you won't have any landscaping or snow removal.Thanks!

I would probably build in 5 year renewals where the rate can go up by no more than 1% or 2% base on what the mortgage market is doing.Yearly cash flow before taxes = $15,500 … after taxes = $14,100Cash on cash return on before tax cash flow: 19.5Other Notes:Rents are below market on this property and I’ll be doing light paint & carpet work.

I want to attract the best possible tenants, so I have painted, laid new carpet, and new bathroom light fixtures, but I am curious when upgrades becomes non profitable.

.***   There is are 3 exterior doors, so the units do share 1 entry way that has a inside and exterior light.***   I'm fairly sure I need to install hard wired smokes (building is 100+ yrs old) and since they are shared, i'd have to put these on an owners panel?

Ok, so an ARV of $1.9M and let's assume $75k for rehab for new paint, new kitchen, and likely some higher end upgrades to fixtures and landscaping to dial this in.

Siding is two tone colored (white on front/rear and light brown in the back).

As it effected my eye sight in a terrible way. not only the right eye , but also left eye was very light sensitive.

Exceptions might be properties within walking distance of the proposed light rail stations

He can handle carpentry, paint, light electrical, light plumbing, and a ton of other stuff.

We live(d) in a nice, gentrified, historic district where most homes have professional lawn service, and very well landscaped yards.