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Updated over 6 years ago on . Most recent reply

User Stats

45
Posts
9
Votes
Diana Villalon
  • Kailua-Kona, Hi
9
Votes |
45
Posts

[Calc Review] Help me analyze this deal, Inner cities Milwaukee.

Diana Villalon
  • Kailua-Kona, Hi
Posted

View report

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

Most Popular Reply

User Stats

366
Posts
401
Votes
Jack Medford
  • Investor
  • Nipomo, CA
401
Votes |
366
Posts
Jack Medford
  • Investor
  • Nipomo, CA
Replied

Where is this property actually located? Inner city Milwaukee is pretty rough. I think your vacancy assumption is way too optimistic, especially if this is in the rougher areas. Also, 15% total for CapEx/Repairs is probably on the low side for the inner city.

I also agree with @John G. that your insurance numbers are way too low. Water & Sewer is also likely to much higher since it is standard in Milwaukee to have landlords pay for that utility. 

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