Account Closed From the little information I was able to get, it looked like about $200 per unit based off the gross rent/numbers of unit.

If you are participating in a good flip and it produces a 35% gross profit, the net after-UBIT gain to the IRA would be in the range of 21-23%.  

The $840 mortgage and expenses are covered nicely by $750 in rent (housemate on my primary residence) and $1550 in gross rent on the duplex. 

The average gross rents would be around $2100/month comfortably. 

Know how to be able to work out a cap rate, and net-income, not Gross.

If you're looking to build your portfolio and add more single family homes, apartments, hotels, etc, they are going to look at you and your business as 1 entity until your business alone is grossing around the $5 Million+ mark. 

For example, if a triplex sells in West Oakland for 700k and is pulling in 36k per year in gross rental income (1k per unit, far below market), the gross rent multiplier is 19.5 (pretty high).

I believe the broker told me they only use 75/80% of the gross income from the rentals.

So to break down the numbers in one line, from the Census Bureau link, the City of South Bend has a population of 101,516, a total of 46,324 housing units (as of the year 2010) of which 18,530 are rentals with a median gross rent of $711.00.As far as the economic profile, since all those tenants need a job so that they can pay the rent :) here is a cut and paste summary of the area by the St.

@Liam Morris - Josh and Brandon aren't talking about taking 50% of the Cashflow - they are talking about taking 50% of the gross rent - say $2,000 multiplied by .5 gets you $1,000.