Dear community,

For the first time I'm considering acquiring the real estate where my target operates as part of a deal. Being new to real estate modelling, I was wondering about any useful tips and best practices you might be able to share? I'm modeling the following:

- Purchase price
- Mortgage payments (Principal & Interest)
- Building depreciation which would increase EBITDA of the business and reduce taxes (one of the pros I see)
- Appreciation of the building during the ownership period using historical trends (it is is prime urban location)
- Value of the building at exit
- Other costs like maintenance and insurance are already part of the business P&L

Am I missing something?

Thank you!