that make flipping math work.....which generates more flipping project transactions.

Until then I'm going to keep doing the math and learning.

I did the math based on a 25% Down, including all maintenance, utilities, taxes, insurance, PI, vacancy, etc. and it looks like it's coming in at around a 5% COC Return.. doesn't really seem like a good deal to me.However, I may be able to negotiate the price.

So this is where the math gets interesting. 

So the easy math would be you get 50% profit overall and your partners get 25% each.. and you collect interest of the loan on top..Good luck..  

Nice job adding that into the math. 3.

Although I am still learning as well, from my understanding your math is incorrect.

If I read this rightGross Income Reported is $81900Vacancy 5%GIR-Vac @ 5% is $77805NOI $55805From what I can calculate that works out to a 9.71% cap rateWhich puts the est Property Value at $541,867 That's not too far off which is good.With the 50% method and using 10% Vacancy Rate, it drops the value down to $357,862 Gross Income Reported $ 81,900 Vacancy 10% GIR -VAC $ 73,710 NOI $ 36,855 Listed Cap % 9.71 Est Prop Value $ 357,862 Now again my math may be off but I think that you should be somewhere between those 2 numbers on price and of course that will depend on a lot of other factors and how conservative or aggressive you want to be with your numbers. 

If looking at duplexes I'd do the math and see what the cash flow would be because you probably won't see the same appreciation again like you did with your SFH

The good news, I had no issues buying my first 3 unit in Worcester, MA. The