Additionally, baked in the numbers you mentioned like price-to-rent is an assumption about cash flow, but how would you go about analyzing an entire market for cash flow?

We have budgeted a Capex assumption and have solid working year 1 Opex developed with our property manager.But I want to create a Month by month budget for the first year incorporating our construction project timeline (wll be developed during due diligence) and the Expiration schedule on the leases.

I am running on the assumption that there will be no apperception in value and that the trailers will have a value of 0 at some point in the future. 

You made some assumptions that I think we’re unreasonable and quite frankly, I didn’t expect a response like this on Bigger Pockets.

@Travis Weitthoff - I was wondering the same, the seller is a firm that specializes in developing and stabilizing multi family investments on the South Side of Chicago, so I'm going off the assumption that the numbers they gave me were from last years actuals, but not positive.

And it's an assumption of equal ownership. 

That seemed like a whole lot of assumptions based upon OP's short 4 sentence post. 

I suppose I've made assumptions I didn't explain in my post.

@Sam Shueh I plugged in the HOA into the calculator as a tenant expense and was going off the assumption that the tenant's 1400/month will be covering the HOA.

Make your assumptions conservative base on what you know would be to run a unit in the market.