How to Run Cash on Cash Returns in New Orleans

In new orleans, water and electric and trash are on the tenant. So i'm going to have to pay somebody about 30 dollars every two weeks to come do as the landlord. Once i move out, i mont have to pay a property manager anywhere for between six and ten % of rents. This is what most people will not tell you when they run cash on cash return. They will not account for these things that are extremely important when it comes to running the numbers on a deal. We just ran these numbers in about ten minutes. And this deal is a no go.