On a park, you can calculate the NOI like this:1 - multiply the number of spaces (occupied) by the lot rent, and then multiply by 12 months, to arrive at the gross rent. 2 - subtract the expenses (can range from 35-50%, that % depending on the variables above).

@Tamara Harper I would run rental comps in the area get a price you think you can get. x by 12 to get annual income, multiply by .95 for occupancy and .95 again for cap ex if its in good condition and that should give you annual income.

In the long term, they will be a small but steady income generating properties.Once my primary residence is fully paid off (originally fully paid off on 2027/8, but we refinanced 15 months ago to 2030 with rates from 3.625% (2014 originated) to 1.95%), we will either buy more properties or start the avalanche pay-off method to speed up the loan repayments. 

This is your NOI divided by the purchase price and multiplied by 100 to get a percentage. 

The time it takes a builder to work with a structures framing and CMU basement that are not plumb, square, true, flat or waterproof is more costly than rebuilding with current building codes and engineering.2) Take the time and cost you think it will be and multiply by 3 and 1.53) contractors will fail you again and again. 

TIAFinancial Info1.00%2% RULE $121,000.00TOTAL INITIAL EQUITY 6.00%TYPICAL CAP RATE 6.80GROSS RENT MULTIPLIER 1.12 / 1.37DEBT COVERAGE RATIO $300,883.33ARV*This link comes directly from our calculators, based on information input by the member who posted.

If they already signed closing docs, just waiting for recording and will move out this weekend, I’d let it slide and tell them rent times whatever multiplier you have in your holdover starts on Monday.

Well, otherwise figure the tax rate for the county or find an approximate if you are looking around mutliple counties and multiply against the total assessed value, the actual way that property taxes are determined.

Ask for the difference in each payment multiply by 60 for 5 years and and so on and see how tiny the monthly and five year difference really is.Now if you plan to sell in three or four years it's a different scenario, then ask for no points no prepay and take the 5 year.Lenders have MANY tools to calculate this for you to make it easy to see.We do not know what the future brings.

For one mobile home, I received payments of $7,700 multiplied by .628760 is $4841.