![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1109042/small_1621509011-avatar-melissam137.jpg?twic=v1/output=image&v=2)
25 July 2018 | 18 replies
I spoke to a contractor who estimates reno at 100-120K per unit.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1065715/small_1621508333-avatar-kelvinf5.jpg?twic=v1/output=image&v=2)
31 July 2018 | 4 replies
Just my 2 cents.... good luck with your search!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/634821/small_1672856929-avatar-hossenfeffer.jpg?twic=v1/output=image&v=2)
30 December 2019 | 11 replies
He provides the following:4 studio apartments @ $1,000 per month4 one-bedroom apartments @ $1,250 per month4 two-bedroom apartments @ $1,500 per month4 two-bedroom apartments @ $1,800 per monthProperty taxes, $40,000 per yearInsurance, $15,000 per yearWater and sewer, $12,500 per yearElectricity for common area lighting, $2,800 per year"You confirm the rents by examining the leases and you verify independently that the expenses are accurate as quoted."
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/847717/small_1621504387-avatar-justinh177.jpg?twic=v1/output=image&v=2)
29 July 2018 | 2 replies
If so you should be able to a per unit analysis.
26 July 2018 | 6 replies
HOA is $175 per month.This property is in a great location... located in a large urban park in a historic neighborhood currently undergoing serious gentrification (hundreds of millions in multiple residential/commercial developments all over the neighborhood, both city and private money).
2 August 2018 | 5 replies
I believe it is 25% of gross pay per month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1109326/small_1629495003-avatar-lindsayg15.jpg?twic=v1/output=image&v=2)
26 July 2018 | 9 replies
Just some made up numbers for an example:Original mortgage payment: $1000 monthHELOC payment: $500monthTotal:$1500Now rental #1 cash flow $400 positive per monthRental #2 cash flow $400 positive per month=$800 - $500 = $300 more in your pocket per month than before.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/354983/small_1621446242-avatar-emmit.jpg?twic=v1/output=image&v=2)
27 July 2018 | 12 replies
- I don’t know the area but you seem to have a lot of competition for sale and most have been on the market a while too, as per my first point.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/327537/small_1621444548-avatar-arthurc330.jpg?twic=v1/output=image&v=2)
26 July 2018 | 0 replies
Loan amount $110,400Gross rent: $1350 including $675 from a tenant and $675 from me. minus Mortgage $841 PITI Repairs $100 ($50 per unit)Cap Ex $100 ($50 per unit)Vacancy $65 (roughly 5% of the rent)_______________________________________$1106 in expenses $1350 - $1106 = $244 cash flow