From: "Sgt. Sausage" 
Newsgroups: misc.invest.real-estate
Subject: Re: please help me value
Date: Tue, 14 Sep 2004 01:52:18 -0400


"steve w."  wrote in message
news:e2cdae14.0409131146.372db7d@posting.google.com...
> sorry should say can* easily be $4200 higher
>
>
>
> lizsteve@catskill.net (steve w.) wrote in message
news:...
> > Hi, thanx for any general help you can give me.
> > I am trying to value a commercial property that has 8 commercial units
> > and 6 apartments. The current gross rent is $62,400(but cant easily be
> > $4200 higher)
> > the current expenses are $32,109 these numbers do not include
> > maintenance, mortgage, vacancy rate and the income does not include
> > depreciation. Any help in valuation would be greatly appreciated.
> >
> > Thank you, Steve

So, help me please too!

If you're spending $32,000 and it does *not* include maintenance, and
it does *not* include mortgage, and it does *not* include vacancy allowance,
and it does *not* include ... yadda, yadda, yadda.

Help me out. Just whate *are* you spending for your $32K  worth
of "expenses". Ouch! That's steep if none of the other stuff is covered!