This includes: Advertising, Utilities, Insurance, Landscaping, managers fee, Taxes, etc.

The landscapes are in great need of attention ... the landscape crews (children) have moved.The type of neighborhood I just described could be a huge challenge for many investors.Yet, for the right group, this type of neighborhood could be a goldmine.

I'm a licensed Landscape Architect and father of three.

Larger office towers owned by institutional investors are usually a little different than the mom & pop garden-style office buildings, but here are some basics:Negotiate vendor contracts / oversee vendor operations (security, maintenance, janitorial, parking, landscaping, etc)Oversee TA's/TI'sTenant interaction (usually complaints, not usually compliments)Report to ownershipWork with accounting on monthly financials and rent collectionsWork with legal on delinquencies, evictions, disagreements with tenants on lease obligationsLeasing and renewals - sometimes done by a professional leasing agent, sometimes done by the property managerOccasional/unusual stuff like hosting tenant events, putting up holiday decorations, fire drills, construction defect lawsuits, vandalism, homeless people sleeping on the property, etc ...

We can do flooring, interior and exterior painting, fencing, interior and exterior light fixtures, sinks, faucets, baseboards, closet internals, window coverings, door knobs, electrical plugs, switches, and covers, mailbox, appliances. garage door, opener, exterior/interior caulking, landscaping.

This is a proven systematic way to market to a unique list of people who are not on most peoples radar, and, have a high statistical likelyhood of selling.As Chris said, take it with a grain of salt.

You may also want to look closely at what landscaping you have near where your line is.

I didn't include anything for this but there is no landscape/snow removal?

.$1,200 .........Landscaping..............$240 Total Fixed Expenses.......................$23,254 Repairs/Maintenance.........$3,360 Replacement Reserves.......$1,440 Management (6%).............$4,932 Total Variable Expenses.....$9,732 Total Expenses................................$32,986 Net Operating Income.....................$43,460 Lets assume a lower NOIin case the expenses areunder reported:..............................$40,000 Financing:Purchase Price..................$400,000 Loan Amount.....................$300,000 Interest Rate.....................5.20%Loan Term.........................10 YearsAmortization......................20 yearsAnnual P&I........................$24,158 Net Operating Income......$40,000 Debt Service.....................$24,158 Cash Flow.........................$15,842 Cap Rate...........................10.00%Cash on Cash Return........15.84%

I have been on the US Census website, the Bureau of Labor Statistics, the State of Illinois, and the Sangamon County website as well.