OK investors, need your expertise on deal analysis and vendors!
Hello,
Currently running numbers on 6 units in OK. Would like to know if any experienced OK investors would have some time to review my numbers and let me know if I missed anything?
$210,000 price
2x SFR and 4 (1 bed Units apartments). Well maintained properties. No heavy rehab needed.
$2870 PM (some rent upside as these are a little under market)
$325 PM - Owner pays water
$491 PM - New taxes and insurance estimate
$1200 PM - Debt service estimate
$143 PM - cap ex (5%)
$300 PM. - Maintenance estimate
$411 - Gross PM cash flow.
Do these numbers look good to you? What am I missing in my evaluation?
Best regards