Do you include utilities?

Numbers are below:Discounted purchase price: $182,000Rent: $2,600  ($660 and $660 for occupied units, projecting at least $640 for each vacant unit)Mortgage: $623Property taxes: $231Insurance: $171Property Management 9%: $234Reserves 20% (repairs, CapEx, vacancies): $520Trash bill: $50 (tenants pay all other utilities)Cash Flow: $771Down payment: $45,500Closing costs: $8,000 (verified)Repairs: $40,000Total cash invested: $93,500Cash on cash return: 10%.My goal with this property is long-term hold for cash flow.

Month to month unfurnished without utilities: (12k stays in) 290/3480. 7 years to equal flip profits.5.

Still working on the outcome of a more efficient home with lower utility bills and design-friendly with minimal stairs.

If they can fully utilize it is another question entirely.

I see a lot of van life videos, but always wonder what you pay per night to park it and hook up utilities?

Split utilities also makes a property being "single family" a hard sell.

Hey Tyler,Yes, paying off that mortgage would bring you positive cash flow but do you really want to dump that much cash without utilizing any leverage? 

I'm a Civil Engineer & work with developers, the "Will-Serve" letters are important to my clients on my larger projects, so we know if the City will require the developer to pay additional cost if existing City Utilities do not have the adequate capacity. 

Previous owner did not allow parking and neither am I due to the use of the three car garage and needed parking for my utility vehicles.