Where they take the ROI percent, divide by the total number of periods and then multiply by 12 to annualize the number:114.28%/84*12 = 16.33%That simply is not correct.

You need to be putting that aside to build up the reserves.If this is a cash flow negative rental (rents are less than my multipliers above), and you don't have the ability to fund the shortage from your other income, you MUST sell.

We have enough cash to multiply what Brandon outlined several times in the first round.

With those two, you just multiply the cost per sqft by the number of sqft that needs work for a quick estimateGet to know how much it costs to replace common fixtures such as plumbing, electrical etc.Once you have those down along with a few other things I may be leaving out, you can quickly add up all the line items to come up with an estimate.My partner, assistant, and I can quickly come up with a repair estimate off pictures alone, but thats after a lot of practice.

The county recorder will have a form to be completed that is used to state if there is an eligible exemption and to determine the amount of the transfer tax - and when a nominal amount is used ($1 or $10 for example), then they use the current assessed amount multiplied by a leveling factor (that the state has for each county), and that amount is what they will use for the transfer amount and base the transfer tax due on that.

Here, you essentially multiply the outstanding capital by the pref and that's what you are accruing. 

Hands down the biggest 'mistake' I've made, since you can never get the time back that could have been multiplied on investments. 

Because both of those numbers are just guesses and because the rent growth multiplies a bigger number it naturally has a larger affect and it compounds the more years they show.So my advice would be just to be conservative and assume the same low growth rate for each number. 2% is reasonable.Note, though that I said organic rent growth, if you are driving rent growth through value-add rehabs you have to show that in the numbers.

Seems like I am spinning my wheels with this ****.What makes it even more frustrating is I have a mentor who is claiming some of these properties are home runs (guy owns 300 doors and knows what he is talking about) but he does quick numbers like Cap rates, Gross Income Multiplier, and quick 35% "extremely high" overhead before P&I.  

Using a Gross Rent Multiplier of 5 it would be 252k.