All other expenses paid by tenantSince the unit is less than a year old, maintenance is minimal.What would be a reasonable price for this duplex?

Problem is the expenses, so(GSI - GSI*0.3 ) * 10 is a rational price:the 10 is a Gross Rent Multiplier and arbitrary; but reasonable range is 8-12GSI*0.3 is an assumed expense ratio of 30%; higher will be high maintenance costsso GSI * 70% * GRM of your choice = Purchase Price.If you get a GRM > 15 (I've see as hi as 19) the seller is in trouble and over extended in the debit+profits

It's another thing that's going to break and require maintenance, especially in rougher neighborhoods (where security is an issue).

Hey BP friends,I'm putting together an excel sheet to calculate potential rental property deals and wanted to ask for some insight/criticism/refining regarding my monthly expenses.So far I have the following:Mortgage: $350*Vacancy: 5%Maintenance: 10%Management: 10%Property Tax: $210*Insurance: $100*CapEx: 10%*based on my price range in Arlington, TX.I have to say they have added up much quicker than I expected (which I was told would happen).

I am focusing on wholesaling multi-family Class B & C properties, in c+ areas, no war zones, between 5 and 50 units, with a value play to them like high vacancies, deferred maintenance, improved management, repositioning, or rehab in Western WA.

First two are profitable after all maintenance and management fees.

The 12 apartments rent for $500 each, and are all rented out (monthly gross $6,000).I have a day job and would like to just bank back the proceeds for maintenance, to pay down the note, etc.So the rub on all of this is: he still owes $174,000 on each unit.

Often times we see low down payments and inadequate underwriting which means lower income borrowers and borrowers who do not possess the means to support owning the property including on-going maintenance and other liabilities.  

I have a Toro and it's been faithful for 5 or so years with just standard maintenance, though I'm doing several driveways vs an entire parking lot. 

I'm looking at a potential deal on a 4-unit complex, 100% occupancy, management in place.Purchase price: $169,500Rental income is $2800/month.Expenses: $2100 (Vacancy, Maintenance, Management, Insurance, Taxes, CapEx, Mortgage)If numbers are correct i'm looking at around $700 cashflow with about $56,000 out of pocket if I pay full price.