Means premium rents for the unit sizes.Facts & AssumptionsOwner did major renovation approximately 5-8 years ago including roof, heating systems, water tanks, windows, and central air. 1BR units Heat is not separate, but has new energy efficient gas heater.No Comps are availableIn my opinion it is priced too high as if it was priced correctly, it would have sold, will attempt to push price down as I doubt it will appraiseI believe the maintenance amount provided is artificially high due to inclement winter weather, we had record snow this year.

You'll need some gas [to drive for dollars] and a few hundred bucks for some direct mail as a bare minimum.There are several forums on this subject already here on BP that should be able to help as well

I currently work in Finance (M&A) in the Oil and Gas sector (a glorified version of Real Estate really), and I am relocating back to the US in ~18months or so.

Also I don't see any electric/gas costs, just water and maintenance.  

I recently sold my oil and gas title research/staffing company and now I'm primarily doing consulting work (still in the oil and gas industry).  

I have verified the rents by looking on "redfin" and other for rent web pages.Source of Fincl Data:Provided by Owner; Projected ProformaAdjusted Gross Inc:$30,625.15Totl Mnth Rntal Inc:$2,590Other Income:$1,157Operating Exp:$13,602Net Operating Income:$14,438Owner Association:Yes% Vacancy Allowance:0.05Annual Elec Exp:$0Annual Gas Exp:$0Annual Ins Exp:$1,600Annual Land Lse Exp:$0Annual Landscape Exp:$475Annual Legal & Acctg:$0Annual Maint Exp:$4,953Annual Mgmt Exp:$499Annual Other Expense:$0Annual Ownr Asoc Fee:$3,108Annual PAD Fee:$0Annual Rplcmnt Rsrvs:$0Annual Trash Exp:$0Annual Wtr/Swr Exp:$1,450

@Terry K Bellamy Agree more with @Jeff Mobley than the others, though everyone has valid points.  

Gas station? 

You guys just validated concerns I had when I received these numbers from the owner.

Sometimes you meet someone at a gas station, begin a conversation and somehow by the gift of the gods he happens to have what you want.