Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

15,750
Posts
10,951
Votes
Will Barnard
  • Developer
  • Santa Clarita, CA
10,951
Votes |
15,750
Posts

Commercial investor buffs, run the numbers

Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorPosted

For all you number crunchers and RE investment pros, analize this: (Hey, isn't that a movie with Robert D!)

Commercial unit (Retail Strip/Office) Street facing
4500 square feet. 2 units
Market rents: $16 per square annually (NNN)
Expenses: Taxes = $8000 (paid by tenants on the NNN)
Insurance = $3900 (paid by tenants on the NNN)
Trash = $900
Water = $1500
Electric paid by tenants
Common area expenses = $3600
Occupancy = 100% current (ok to plug in 90% for future)
Ask price = $425,000
Financing = Owner carry 90% note @ 6% (10% cash down)
Approx $10k in repairs/improvements necessary

Good deal, great deal, not so good deal, or bad deal? :D

Loading replies...