[Calc Review] Help me analyze this deal

[Michael Steiner]

Hi Everyone,

I'm new to BP and analyzing a class C property in an urban area. I ran the figures through the rental calculator based on current rent roll and expenses. I also input asking price to start off from a conservative position. I plan to contract out management of the property.  What I'm looking for guidance on is whether my other assumptions are reasonable and if there is a reason not to further pursue this opportunity. What else should I be considering?

Thanks in advance!

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