Updated over 9 years ago on . Most recent reply
Need help analyzing my first potential deal
Hello I need help analyzing a deal that I have been looking at.
8 units
$350,000 asking price
$4000 rent income
Expenses:
Taxes $262.50
Insurance $166
Flood insurance
Vacancy 5% $210
Repairs 5% $210
Cap Ex 5% $210
Water Tenant pays $0
Sewer $0
Garbage Tenant pays $0
Gas $0
Electricity Tenant pays $0
HOA $0
Snow Removal $0
Lawn Care Tenant pays $0
Property Management 11% $462