With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

P.tax and insurance rates are REACTIVE, because they are based upon a % of the property value.

Looking at this past week's CMI, it's interesting to see the buyer/seller positioning in the SE-ish area compared to the NW-ish area with rates high 6's in JanuaryStill bullish on W/NW future demand due to TSMC factory and other companies (dashboard snapshot below) but time will tell.

The amount of capital required depends on the city's appreciation rate.

I work with some builders and they have 2-4 units with rates in the 4-5% range.

The cash on cash return is only meaningful when you evaluate it based on your long term plans.

Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow. I'm looking to investigate this market a little further and wondering if anyone can help me out. I would lik...

Quote from @Roger Flot: I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 rates on insurance. 

Buy ip license which i will be very fair, mostly royalty based, and I will feed enough to write that first content piece. 

I know of several DSCR and portfolio lenders who offer different terms based upon your situation.