Updated about 5 years ago on . Most recent reply
[Calc Review] Help me analyze this deal
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Hi Jaron and thanks for taking the time to respond. The place is pretty good to go right off the bat. Down the line I could install some new countertops in the kitchen and baths but they're a nice enough laminate at the moment. I took your suggestion and increased Capex (built in 2008) and vacancy to 5%. I also corrected the oversight in insurance and now I'm looking at 7.55 COC ROI, a far cry from the 11% it was before. Do you find that there are very few exceptions to the 1% rule? Consider is hard/fast?