[Calc Review] Help me analyze this deal Mount Clemens Michigan
Hi All,
This is a 3 unit property separately metered. It consists of 3 different buildings for each unit - 3/2, 2/1, and 2/1. Per Rentometer, the market rent total if based on the average is $640/month higher than the rent amount in the attached report. What do you think? How are the variable expenses? I have no information regarding updates to HVAC, electrical,etc. The listing has the date built as 1956- not sure if that's one structure or all of them. From the pictures it looks to be in good shape. I appreciate your thoughts!
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