We have a great tool that provides estimated monthly rent, which you can use in your calculations.

A properly calculated cap rate can estimate a property's rate of return, but it should complement a comprehensive and detailed analysis of the property; it’s not designed to stand alone.📊 The Role Of Cap Rate In Investment Properties:- Cap rate is more than just a number; it's a guiding metric shaping your investment strategies.- A higher cap rate often indicates a potentially higher return but comes with increased risk.- A lower cap rate might suggest a safer investment but with lower returns.🧮 What Is The Cap Rate Formula?

I think you may be over estimating the time required to obtain permits.

I bought a turn key home from another outfit and their stated rent estimate was about 10-15% off. 

What’s a good estimate you think I should have for the down payment, closing costs, repairs, holding costs, and reserves?

Im sending over to the property at least 2 contractors to give me an estimate.

Estimates are bout 400k for full gut remodel (hvac, plumbing, electrical, roof, mostly new windows, kitchens, and baths, minor re-framing) New plan is for (2) 2B1B units and will rent for 2k and 2500/mo. 1 unit is a larger 2 bedroom.

Add charges for rent for the remaining months, estimated utilities, estimated cleaning and repairs and cost to re-rent (in our case: cost to PM is 1/2 a month's rent).

Rent is estimated at $3,000 per month and the home is roughly valued at $625,000.

Purchase price: $726,000 Cash invested: $1,300,000 Sale price: $4,500,000 We are developing a 4 story a luxury Duplex.Property is primed for short term rentals with conservative estimates of ($40,000-$50,000) per month.