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Updated over 4 years ago on . Most recent reply

Brandon Brewart's profile image
Brandon Brewart's profile image
Brandon Brewart
  • New to Real Estate
  • from Farmington Hills, MI
  • Member since Oct 20, 2020

User Stats

7
Posts
6
Votes
Brandon Brewart's profile image
Brandon Brewart's profile image
Brandon Brewart
  • New to Real Estate
  • from Farmington Hills, MI
  • Member since Oct 20, 2020
Brandon Brewart
  • New to Real Estate
  • Farmington Hills, MI
6
Votes |
7
Posts
Detroit Real Estate Forum

Apartments: Expenses per unit?

Brandon Brewart
  • New to Real Estate
  • Farmington Hills, MI
Posted

When underwriting apartments in the Metro Detroit area, what are your "rule of thumb" expenses per unit/year for B/C class properties? I'm hearing maybe $3000/unit per year -- maybe more recently. Investors or Property Managers what are your experiences with apartments?

Detroit, Michigan
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