How to estimate water and sewage bill for a deal?

Question

Hi there,

Does anyone have any suggestions on how to estimate water and sewage bills when analyzing a single-family or multi-family property? An example deal I'm looking at is: https://www.zillow.com/homedetails/2518-S-Throop-St-Chicago-IL-60608/3878139_zpid/

Thank you!

Guifre Mora · Answer

Call the realtor, they are offering as a great investment property in Redfin, this info will need to be provided for any investor also you would what to know if it's vacant to calculate your starting costs.

Hud Malik · Answer

@Guifre Mora Thank you!

Guifre Mora · Answer

Not necessarily. Washer/Drier are amenities. If you do include utilities as landlord expense your rent amount should reflect this cost.

Hud Malik · Answer

@Guifre Mora Great info. When the property has a washer and dryer imstalled, does the owner still account for the water bill in their analysis report?

How to estimate water and sewage bill for a deal?

How to estimate water and sewage bill for a deal?

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