This is clearly specific facts and circumstances based but I’m curious to know whether based on historical returns you would have decided on a go vs. no go on a property when you were on the fence due to these variable assumptions such as repairs and capex and your historical experience is tipping toward a lower % than the assumptions being used when analyzing.

yeah what Jared said. there’s a lot of missing variables.

Also 7-8% is realistic in most markets (from what I hear) What I took from Bjorn here is to fix your own variables, good call not to trust whats given!

Variables to consider:1.

I definitely added the term "hard metrics" and maybe that was my misinterpretation of the metrics used to analyze deals.I think you are right about the subjectivity of the numbers and about the unknown variable in a deal. 

Sometimes the same properties Will have stretches of more & some will have stretches of less.You have to understand there is an unlimited amount of variables in this business at all times.

Also, we do not take into account personal income tax benefits, like depreciation, which generally increases effective return.ROI = (Income - DebtService - ManagementFee - Insurance - RETax - PeriodicFees) x (1 - StateIncomeTax) / ( DownPayment + ClosingCosts)Cash Flow = (Income - DebtService - ManagementFee - Insurance - RETax - PeriodicFees) x (1 - StateIncomeTax)Note: There is no state income tax in Nevada but we include this variable (StateIncomeTax) for when we compare properties in states that do have a personal income tax.

Of course your goal is to get to the closing table and there are so many variables in order to do so.  

They only offer balloon loans with variable rates. 

You and I have variable incomes, expenses and problems.