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Commercial Real Estate Investing

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Vedran Josic
  • new Haven, CT
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analyze commercial deal please help Under Contract

Vedran Josic
  • new Haven, CT
Posted Jun 16 2018, 20:07

Hi evrybody ,i am kind need help on deal i am trying to make it here .

Asking Price 1,45 milion 

Purchase price 1.35 

Downpayment 30% ( bank loan)

8 units 9600Sf total 

Gross Operating Income 138,533   (Gross Potencial income 145,000)

Monthy GOI 11544

Total Annual Expences 51794

monthly expences 4316

Expenses 51794

Property Menager 7000

insurance 6000

Landskaping snow removal 9300

repairs 4000

taxes 18500

trash 2200

water sewer 4900

Rents 

1650 ,1600,1375,1200,1400,1750,1375,1800

All is townhouse 3/2

I am think to i do my self property manager ,i am think to lower landskaping and snow removal from 9200$ to lower down.

4 is fully done ,4 need to be renovate.

School is 10 ,area is great ,bullding is very healty ,a lot land can be approve to build another 8 units

Please i need some help before i give 5% monday to under deposit .

thank you (i am sorry for english )

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