My first multi-unit analysis

[Lucas Ruppert]

Found a property that caught my eye right away when I first saw it. Price looked great for the number of units for rent so I contacted the realtor for more information.

Here's are the numbers:

$177,000 list price

$45,900 total rents

$17,241 expenses
- 700 electric
- 1,977 water
- 1,637 trash
- 6,847 heat
- 1,950 insurance
- 130 snow removal
- 4000 property tax

I'm sure I'm missing a few things, 9 total units for rent in building. Anything else I should look for or ask?

Thank you for the replies!