Help me double check these numbers?

[David J.]

Working on a deal,

1. Does this look like a solid (good) deal to you?

2. Do the numbers seem like they make sense? (rural town usa, tenants pay all utilities)

3. Does the math seem accurate?

[Amanda G.]

It looks like your utility expenses are pro forma guesses. Can you get the real numbers from the seller? If you are guessing vacancy of 20% on 20 units, that means that you are expecting about 4 units to be vacant, which means you would need to carry the utilities for those units.

[David J.]

@Amanda G.  Apparently Tenants pay 100% of utilities. I put a small number for parking lot lights. I just realized there is a laundromat so now that you mention it my numbers are low.