On my first syndication deal, we were able to get a seller carry note for 5 years at 4% and another 5 years at 6% cap back in 2020. 

EVERY city in ALL of clev, has doubled, tripled or much more over the last 10 years on top of the 25- 35% net caps.

High paying local jobs.Monthly cash flow: $306 /moIncome:  $2,250 /moExpenses:  $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91%   Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses  $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06% 

There is little we can do to off-set cap gains under J taxes. 

Increased NOI and lowered Cap Rate.What was the outcome?

Just an opinion now that cap rates on NNN are still pretty low. 

As much as I would think it would be overpriced, I would be willing to pay the same for a software that met all the metrics a RE investor would want in one single platform.My post isn't about how to make QBO cheaper, its about finding or creating a better system to track property performance, cashflow, debt, cap ex, and all the metrics we want to see along with our accountants. 

. $1,500 in rent on properties worth $265,000 will generally not get you a 7.5% cash on cash (or cap rate).

You need to be putting away money each month for Cap ex.

For example, seller may have 4.5% debt and so current NOI is worth more to seller than a new buyer who has to pay 6.5% debt.Seller finance is a great tool too.My only caution is to NOT overpay for a property in exchange for seller finance at an attractive rate.Here is a hypothetical say market cap is 7.0%.New conventional debt is 6.5%.But seller will carry at 5%.With seller finance at 5%: What price does one pay?