The reason Jon's calculation is $2 higher is that the OP left out the $0.33 from the monthly, so multiply that by 6 and you get $2.

The rule of thumb for ROI is take the peak season highest rate and multiply by 15.

Should I just multiply the 40% x “profit” as we all would define profit on this site?

Here’s what would have happened in the event that $20,000 claim occurred BEFORE we fixed Fred’s policy:According to the coinsurance clause, we have 4 steps to follow: Multiply the value of the covered property ($217,000) by the coinsurance percentage (80%), resulting in an amount of $173,600.

Fix Up and Sell: Advantages: ProfitDisadvantages: Be careful creating another job for yourself, contract out Bookkeeping Issues: Keep very detailed recordsFix Up and Hold: Advantages: Forced appreciation and Cash FlowDisadvantages: Be careful creating a job for yourselfBookkeeping Issues: Might have to capitalize repairs, credits available pre 1936 Part 2: Tax Secrets Chapter 4: Intro to Tax Secrets IRS agents are given just 3 days of training so they may give bad advice.3 Stage Tax Formula:Income Deductible Expenses Multiply Taxable Income by your Tax Rate - Learn to make use of your graduated tax rates, not all of your money is taxed at one rate.

I 'm in L.A. and RS means is WAY OFF for our area even after their area multiplier.

Would I just take the FMV of the entire house and multiply by 40% / 27.5 for yearly depreciation?

Has anyone every heard of analyzing a rental property by taking 26% (or 74% of the monthly rent) off the monthly rent and multiplying by 60 months to come up with an offer price?

Just some idea of how some of you were able to continue multiplying additional units within a decent amount of time.

@John Semanchuk Here's an exact tax rate breakdown by county (2015): http://www.sccounties.org/Data/Sites/1/media/publications/propertytax2015.pdfFor everyone not familiar, using John's house example in Richland county, school district one would be $200,000 x 6% = $12,000Then multiply the county and school district millage rate at a total of 0.4321 x $12,000 = $5,185 straight to the tax man.