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Updated over 1 year ago on . Most recent reply

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Irving Moorehead
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Pleeeeeeeease Help!!!!!![Calc Review] Help me analyze this deal

Irving Moorehead
Posted

This is the property I need help with. 

View report

*This link comes directly from our calculators, based on information input by the member who posted.

  • Irving Moorehead
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    Irving Moorehead
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    Irving Moorehead
    Replied
    Quote from @Kevin Sobilo:

    @Irving Moorehead, Why would you even analyze this deal? Doesn't appear to be anywhere near close to positive cash-flow.

    I have 2 comments that might bring it a little closer.

    1) Garbage is listed as $252 per month which seems very high unless this is a large multi-family where you need a dumpster each month. 

    2) Maintenance and Cap Ex would be fine at 5% of rent or $157/month each.


     This property is in the city of St. Louis where they provide trash service. The seller listed an annual cost of $3,024 for trash service. I just divided that number by 12. It’s a 6 family unit. 

  • Irving Moorehead
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