[Calc Review] Help me analyze this deal

4 Replies

@Eric Jung looks like a first analysis. Vacancy of 3% is 1 month out of 33 months. I like to use 8%. 1 month out 12. No repairs. Leaking faucet or burner doesn't work. Each will cost a minimum of $100. 5%. Capex of $10. You still have to pay for interior changes. Example changing the floors. 1000 sf @ $5 sf = $5000 / 8 Year life span / 12 months = $52 per month. You have to account for HVAC,hot water heater, kitchen remodel, bathroom remodel, etc. Since you have a HOA might get by with 6%.

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