I love Mt Ranier, but the property tax rate is crazy.

What was the interest rate and when you went to refinance what rate were they offering?

.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

I was just thinking today there was all this excitement about VA loan assumptions there for a while when interest rates started going up. 

Maybe Blackrock wants to drop the $ to do.....

Often times, if they come in through VRBO or AirBNB, they are looking to get something at below market rates or market.

There are two types of return from a rental propertyCash Flow & Appreciation.I normally also aim for a minimum of 8% return between Cash-Flow and Appreciation.Appreication, nationally, is around 2% to 3% annually.Therefore, your goal is to get the cash-flow to be about 5% to 6%.The issue is interest rates being very high, you would therefore, need to buy at a pricepoint where the numbers still make sense.You can always put down more of a downpayment to cash flow, but that will impact your cash on cash return calculations.Best of luck!

It will help you adjust your pricing to improve your vacancy rate. 8.

OccupancyMost lenders require a minimum occupancy rate of 85%.

The default rate is only 1% per month which is 12% annual.I assume there are more pages to that agreement