All Forum Posts by: William J Stratton Jr.

@Michael Ealy is there a calculator to find out the overall Roi that you were talking about in your last paragraph? Also- what does coc mean? I know how to do that calculation but i don’t know what the final number is actually telling me?

@Matt Popilek is pro forma that same as the bigger pockets property analyzer calculator? Thank you for the info on cash on cash as I have been meaning to learn that. I keep hearing it. What is a good cash on cash? I think I heard 12%?

@Jorjio Hopkins thank you - this is what I was looking for. This one is all updated unless I am missing something.

1.) What is the best real estate calculator(s)- apps, online programs, computer programs, etc.?

And

2.) What is your thoughts on icalculator?

@Matt Popilek do you have an easy example showing the numbers of a coc calculation?

@Jorjio Hopkins thank you - do you know how much equity people general try and get when purchasing a property?

@Bryce Lee ok I get $1850 for rent so this rule of thumb works. Thank you!

@Edward McLoughlin thank you!

I agree! However, what is the general rule of thumb? 

I have a triplex. It is appraising at $120,000. How much should I try and purchase it for? I have heard to try and purchase the property for 10% less than what it is worth.