Like this: https://www.amazon.com/Moen-87801SRS-Conneaut-One-Handle-Sta...Or any Price/Delta/Moen

Martin in that I don't see so much of a delta between Oakland and the South Bay. 

Hi @Chris Webb,When evaluating your cashflow, ensure you include the delta between your old and new mortgage payment as an expense associated with the new real estate acquisition.

One-time Expenses$1000 - Acquisition Costs (minor rehab, legal, & inspection)Annualized Expenses10% Gross Annual Rent - Vacancy Costs (turnover & lost rent)10% Gross Annual Rent - Property Mgmt (standard)$1176 - Repairs & CapEx ($1 per sq foot for tpical property)$1516.46 - Property Taxes (5 year historical average for typical property + 10%)$1000 - Property Insurance (a nice round number: seller reported that he paid $708/mo for one duplex)$27 - Water & Sewer (average across several properties from last month)$0 - Gas, Electric, HOA, Snow Removal (tenant pays or not applicable)$60 - Lawn Care (I made this number up)COMPARATIVE ANALYSIS:This is my analysis of the five properties that are being negotiated right now, listed from best to worst.Property Alpha (two-flat)$1250 - Income, Monthly (actual)$567.37 - Expenses, Monthly (estimated)$42,000 - Price, Signed Contract36% - Cap Rate (Annualized Income / Price)16.6% - ROI, After Tax (annually, assuming 15% income tax)6.0 Yrs - Until this property pays itself offProperty Bravo (two-flat)$1100 - Income, Monthly (actual)$537.37 - Expenses, Monthly (estimated)$42,500 - Price, Signed Contract31% - Cap Rate (Annualized Income / Price)13.1% - ROI, After Tax (annually, assuming 15% income tax)7.6 Yrs - Until this property pays itself offProperty Charlie (duplex)$1075 - Income, Monthly (actual)$532.37 - Expenses, Monthly (estimated)$55,000 - Price, Informal Discussion23% - Cap Rate (Annualized Income / Price)10.7% - ROI, After Tax (annually, assuming 15% income tax)10.3 Yrs - Until this property pays itself offProperty Delta (SFR)$875 - Income, Monthly (actual)$492.37 - Expenses, Monthly (estimated)$48,000 - Price, Informal Discussion22% - Cap Rate (Annualized Income / Price)8.8% - ROI, After Tax (annually, assuming 15% income tax)13.6 Yrs - Until this property pays itself offProperty Echo (SFR)$770 - Income, Monthly (actual)$471.37 - Expenses, Monthly (estimated)$62,500 - Price, Informal Discussion15% - Cap Rate (Annualized Income / Price)4.1% - ROI, After Tax (annually, assuming 15% income tax)24.4 Yrs - Until this property pays itself offNotice how the price keeps going up?

I know a drop-in sink with stone counters is not ideal, but it hardly seems worth it to pay $500 or more to buy and have installed a new sink (not to mention what additional faucet cutouts might cost), when the existing sink is perfectly fine and already has a practically new brushed nickel Delta faucet.

well since this is a make money on the delta program with very little true cash and since they really had no ability to refi or pay the underlying off.   

At least the way 99% of wholesalers go about it.. you must close first then resell.. and in our states no title company will do an A to B to C using end buyers funds to close the deal and cutting a check for the delta to the middle man ( wholesaler)… so  anyway.. like she says its like speeding it just depends if you get caught..  

a lender need to make 4 to 5k per file to keep the doors open.. either through junk fees and or points and junk fee's  the interest normally goes to the investor not the lender.. there maybe a little delta on the interest but not much .. 

After you get the issues with the roof, the floor joists, the shower, the toilet, the flooring, the electrical and the mold taken care of, what's the delta between what you paid, what you spent and what it's worth? 

Delta Ara collection for bathroom fixtures, cement tile for the bathroom flooring, travertine pavers for pool decking, and diamond bite pool refinishing.