We purchased a 3 bed 1.5 bath home, 1500 square feet on half an acre:Purchase price: 66K; 20% down paymentRent: 850.00PITI: 390.00Vacancy: 10%PM: 8%Repairs: 10%Cap Ex: we have a separate account set aside for this that we fund ourselves and contribute to monthly.Rehab costs: 3K (paint, flooring, cleaning)Monthly cash flow: 222.00Cash on Cash return: 16%I'm happy to have our first deal done.  

Is it crazy to share my analysis spreadsheet to explain that I want a 9% cap out of the property?

Also - when calculating your cash flow, be sure to account for property management costs, vacancy, maintenance, and especially cap-ex. 

TBH I don't have a cap rate for the home now, so I can't forecast an ARV cap rate, which makes it hard for me to speculate on the ARV.

It was also capped that my interest rate would never be higher than 5% of my original interest rate for the life of the loan.  

Typically, I look for properties that have some value add play and can be obtained at a 7-12 percent cap rate. 

What is the capitalization (cap) rate for similar properties in your area?

Cap Rate, cashflow, cash-on-cash?

My math showed it is a 9 cap based on actuals and will be a 13.5 cap after it is re-positioned (market rents, sub metering water).

https://www.biggerpockets.com/forums/223/topics/31...http://www.kevinbupp.com/10-lessons-to-raising-cap...