Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

31
Posts
21
Votes
Dor Sagi
  • Real Estate Agent
  • Brooklyn, NY
21
Votes |
31
Posts

Deal Calculation Factors - Brooklyn, NY

Dor Sagi
  • Real Estate Agent
  • Brooklyn, NY
Posted

Some questions for people who invest specifically in Brooklyn, NY. 

I'm looking into small multi-family properties with 3-4 units

Ideally in one of the following neighborhoods:

 Bushwick, Ridgewood, Williamsburg, Bedstuy, Clinton Hill, Crown Heights, Prospect Heights, and the surrounding areas. 

1. What numbers should I realistically aim for in cash flow and cap rate?
2. What and how much should I include in my expenses? (besides taxes)

Cold water? Electricity? (The tenants pay for their own gas, electricity, hot water)

Snow shoveling I'm assuming that the super of the building will do which is within the PM charges?

4. How much do property management companies take in Brooklyn?

Thanks!

Loading replies...