*This link comes directly from our calculators, based on information input by the member who posted.
4-plex in San Jacinto, CA. Link from Realtor.com below. I ran the numbers at asking price of $385,000. I'm a newbie so please advise if I've missed anything or am way off base on the calcs. Estimating on the water, sewer and garbage.
Thanks for any input and suggestions regarding an initial offer. Interesting the realtor indicates "Showing with an accepted offer ONLY." Has been on market for 37 days.
@Vanessa Peters , have you gotten any information on the 4-plex about if the tenants are on leases and plan on staying? Is there a reason you are using only 5% for vacancy and CapEx, as well as repairs? Were you able to call the tax office to get an accurate figure for the taxes. The more concrete information you can get, the better analysis you can perform.
@Dan Barli Thanks for the feedback. I have contacted the seller to get more information on expenses and the current tenants.
@Dan Barli I usually see 10% recommended for vacancy around BP, but 5% is typically given as the standard for repairs and capex. Do you recommend differently?
@Nicole Heasley , I usually use 10% for vacancy and 10% for repairs. I'd rather underestimate and have it come in better than have it go the other way.