Any weather estimates past 10-11-21 are just that and can not be assumed as far as rain.

Listing site estimates roughly $1,700 in mortgage, tax, & insurance with 20% down.What are your initial thoughts?

View report*This link comes directly from our calculators, based on information input by the member who posted.Really interesting property, unit was built in 1900, I estimated about 100k in rehab.

They will write up their own scope of work in consultation with you and they will put their estimated costs in.

To give you an example, we walked every 5th unit at an 800 unit property, but only took notes on paper and used excel to track and estimate costs.

My hypothesis is there could be unique considerations around:  1) insurance, 2) environmental diligence, 3) due diligence like estimating vacancy, and 4) how best to research leasing comps because commercial leases are so different among other items.

Lessons learned were when doing your rehab estimate focus on the expensive capital expense items first.

What are the steps I should take to get a solid estimate for ARV and rehab cost.

Ive estimated I can add about 50k on the low end based on comps.

At this price we are looking at (what we can estimate) monthly costs of about $3200 (mortgage, electric, gas, PMI, taxes/insurance).Our concern is that renting it out will not bring in enough throughout the year to cover the 40k cost to own and operate it.