I have an 11 unit property under contract for 437k. 17% Cash on Cash ROI and that's with a 25k rehab budget that I believe will cut the overhead expenses in half because of separately metering the utilities.

Are the units separately metered?

Also, does the property have meters to measure how much each tenant will be billed?

But the gas company may have hook charges and you may have to buy a meter.  

No feedback on mechanisms of the model, but from a business perspective, the profitability of a project according to this model hinges heavily on your assumptions for rent and price per square meter in the '5) Units' tab.  

Most attorneys will allow you to name them as the agent for nothing as if they receive any notice or are later required to act, their meter begins to run.

Expenses 0 Insurance 300 Water/Sewer 372 Taxes/Assessments 764 Figures Presented Actual Master Water Meter Yes Master Elec.

When reviewing the financial data make certain to figure out if Units are individually metered or billed.

@Johnny HastingsIs your 12 unit individual meters throughout?

Aa far as the metering I’ll have to check.Thank You for all the input.