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All Forum Posts by: Levi Steven

Levi Steven has started 1 posts and replied 2 times.

@Chris Grenzig

Looking for evaluation opinion on purchase price. Understand there are more variables.

Total expenses and total income wer listed.

People figure NOI differently. I have given you exact numbers besides insurance. You can figure 3% of income.

Occupancy most bankers figure 10%

This would be less but I would use 10%

Let's say B class building.

All the expense are listed that will be applicable to me.

Need help with an evaluation.

6180 gross rent monthly

Taxes 9400 annual

20% down 6% note over 20 year

Utilities 575 monthly