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Updated over 7 years ago,
rental property calculator from bigger pockets
Is this a good property to hold? First time using rental property calculator on here just got the plus membership. So have some questions, Whats the difference between pro forma cap rate and purchase cap rate? My pro forma cap rate is 7.05% and purchase cap rate is 37.09%. Also the cash on cash ROI is 13.82% and monthly cashflow is $587.25. also the gross rent multiplier is 1.67 and income expense ratio is 1.86%(2%rule) This is the lowest return property i have. Are these good numbers?