All Forum Posts by: Ryan Matt

Assuming no rehab that puts NOI at 61,000/year.

For a 10% cash on cash return up to 610k cash would make it a worthwhile investment.  If there is rehab subtract from max cash outlay.

If you go with financing add mortgage and interest to the expense column for whatever product and reduce cash outlay on the other side to see how that balances out.

Expenses seem low. I'm always skeptical of oddly round numbers. 20,000 sounds like an estimate, rather than an actual figure.

What is the potential upside? What does the seller expect?