P&L review:
Gross rents: $250k
Utilities: $14k
Insurance: $6.5k
Repairs and maintenance: $25k
Taxes: $36k
On site management: $100k!!
That’s mom & pops for you.
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Disclaimer
The information provided is for informational purposes only and should not be considered investment advice, nor a guarantee of any kind. There are no guarantees of profitability, and all investment decisions should be made based on individual research and consultation with registered financial and legal professionals. We are not registered financial or legal professionals and do not provide personalized investment recommendations.
Andrew Keel
https://keelteam.comAndrew is a passionate commercial real estate investor, husband, father and fitness fanatic. His specialty is in acquiring and operating manufactured housing communities and self storage facilities. Visit AndrewKeel.com for more details on Andrew's story.