All Forum Posts by: Penny Muniak
Penny Muniak has started 3 posts and replied 6 times.
Post: Help me analyze this deal.

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Post: Mobile Home Park - Help me analyze this property.

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9 - All units are rented.
Tenants pays all there own utilities.
Post: Mobile Home Park - Help me analyze this property.

- Posts 6
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8 mobile homes, 1 house.
All mobile homes and house occupied.
Room for one more mobile home.
They own the mobile homes, rent the house.
Tenants pay all utilities, including water and sewer.
Tenants mow there own laen
Landlord pays for plowing snow and dumpster.
Post: Mobile Home Park - Help me analyze this property.

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*This link comes directly from our calculators, based on information input by the member who posted.
Post: Help me analyze this deal. I am new to using the calculator.

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This property is in Western NY, property and school taxes are based on assessed value of $50,000. School taxes are high.
Public sewer and water not real costly. I own other property within a block so I know that cost.
They would mow the yard.
Where property is located no real fixup needed. Roof is solid. A little bit of paint and a few pieces of siding will be fine. No need to get carried away as the renters I would be renting to are hard on properties.
Family is looking to get rid of property as Mom has passed.
Private lender allows 5% down.
Rehab wouldn't be feasible. Rent is right on in the area. I wouldn't get the money out of it if I fixed it up. Mind you I would love to but not a good idea.
Post: Help me analyze this deal. I am new to using the calculator.

- Posts 6
- Votes 0
*This link comes directly from our calculators, based on information input by the member who posted.