That's about what it costs to have a medium sized roll off delivered and picked up.

All of the infrastructure was done up front including electrical and plumbing to the area where the other 16 units would be going in.Here are the numbersAsking price 900K, (it was previously under contract for 800K)Monthly Rent Roll is $805010% estimating property management10% Vacancy(it has historically been closer to 6% in this area, but better safe than sorry)Insurance estimating $350.00 annually per unit7125.40 Annual property Taxes.All utilities are separately metered and paid for by the tenants10% maintenance5% CAPEX /Reserves- The first 8 units were constructed in early 2010 so I am not too worried about major CAPEX at this pointWhat else am I missing?

When people give me Zillow zestimates I just roll my eyes.

@David Krulac   we normally can't pave in Dec or Jan.. as it has to be 40 and rising.precip is our problem... soft spots on the first roll out etc etc. but we are getting there.Might have an offer coming in from Lennar or Horton... and or both... if we can take a nice profit in one transaction we will move it and go to the next one..

The analogy I used recently was rolling dice. 

Let's say there is a tenant that has filed 2 slip and fall claims and is still on the rent roll. 

Any way you wish to look at it the commission is not all profit, there are all kinds of expenses to consider with it.Add to this, the marketing cost, MLS fees, lockbox fees, continuing education fees, etc...the average agent is NOT rolling in the dough!

Rather than put it all into one property, why not develop a plan to keep the funds rolling buying property after property and building a portfolio that will net you the largest return rather than going one and done?

I rolled that money into buying a HomePath condo here.  

It's always hardest to get started but now you got the ball rolling.