Yes, the HML is keeping the 25k in a escrow account and I draw from there as progress is completed, but from what I see, that should not affect the math on "Total cash needed at purchase". 

@Tal P. what kind of property and where in MA? The

Not sure where you're from, but in MA the laws are extremely strict on this.

(Just a cap rate.)Crazy Math Skills: I teach advanced algebra. 

@Max Householder Thanks for taking the time to do that quick math, I didn't feel like doing it last night lol. 

If my math correct, my cash on cash is about 1.6%? 

Title does the math on the day they wire your funds.

Now that you say it, I think I have heard that before but couldn't remember how the math worked.

We do this by multiplying our CPA of $50 by 10% which is based on facebooks data on how real estate ads convert. when you do the math you should get the number 5. this is your CPC.So by doing this, you will be able to know what KPIs you should be hitting which will save you a ton of time optimizing in the future.I originally got this information from Jordan Schumacher if you want a more visual approachRemember to also take into account how many leads it takes for you to get a deal.

I have no idea how to figure out a safe vacancy rate to see if the math works on this property or not.