Deal Analysis for DMV Area

[Phil K.]

Taking into account rules of thumb like the 70% rule, the 50% rule, the 2% rule, ect., does anyone have ballpark numbers they generally shoot for when assessing potential investment properties in the DMV area? For example, what do you look for in terms of ARV, monthly cashflow, CoC return whether doing a buy-and-hold or a flip? Recognizing that every property has a number that makes it a good deal, just curious to hear from more seasoned investors in this geographic market on what numbers might lead you to pull the trigger.

Additionally, does anyone have any other methods you use to assess whether an investment is a good deal beyond the deal analysis tools provided on BP? Interested to hear your experiences and appreciate your insights.