But if you are short on funds for the next project, and the $40K (minus cost of sale and cap gains) would be useful in multiplying projects (by increasing your seed money), that is something else to consider.Only you can decide this based on your goals.Does that make sense?

My CPA did mention you can get a huge multiplier on the easements

. -$6,408 -$6,536 -$6,667 -$6,936 -$7,658 -$9,335 -$11,380 Operating Expenses -$22,376 -$22,896 -$23,430 -$24,535 -$27,544 -$34,769 -$43,986 Income Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30 Net Operating Income $69,121 $71,345 $73,639 $78,445 $91,838 $125,671 $171,631 - Improvements -$0 -$0 -$0 -$0 -$0 -$0 -$0 = Cash Flow $69,121 $71,345 $73,639 $78,445 $91,838 $125,671 $171,631 Cap Rate (Purchase Price) 8.7% 8.9% 9.2% 9.8% 11.5% 15.7% 21.5% Cap Rate (Market Value) 8.2% 8.0% 7.8% 7.5% 6.7% 5.4% 4.3% Cash on Cash Return 8.5% 8.8% 9.0% 9.6% 11.3% 15.4% 21.1% Return on Equity 8.2% 8.0% 7.8% 7.5% 6.7% 5.4% 4.3% Loan Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30 Market Value $842,945 $889,307 $938,219 $1,044,261 $1,364,807 $2,331,288 $3,982,177 - Loan Balance -$0 -$0 -$0 -$0 -$0 -$0 -$0 = Equity $842,945 $889,307 $938,219 $1,044,261 $1,364,807 $2,331,288 $3,982,177 Potential Cash-Out Refi $632,209 $666,980 $703,664 $783,196 $1,023,606 $1,748,466 $2,986,633 Sale Analysis Year 1 Year 2 Year 3 Year 5 Year 10 Year 20 Year 30 Equity $842,945 $889,307 $938,219 $1,044,261 $1,364,807 $2,331,288 $3,982,177 - Selling Costs -$50,577 -$53,358 -$56,293 -$62,656 -$81,888 -$139,877 -$238,931 = Proceeds After Sale $792,368 $835,949 $881,926 $981,605 $1,282,919 $2,191,411 $3,743,246 + Cumulative Cash Flow $69,121 $140,466 $214,104 $368,553 $800,132 $1,896,038 $3,393,948 - Initial Cash Invested -$814,980 -$814,980 -$814,980 -$814,980 -$814,980 -$814,980 -$814,980 = Net Profit $46,509 $161,434 $281,050 $535,179 $1,268,071 $3,272,469 $6,322,214 Internal Rate of Return 5.7% 9.8% 11.2% 12.2% 12.7% 12.6% 12.3% Return on Investment 6% 20% 34% 66% 156% 402% 776% Buy and Hold Projection Purchase Info Purchase Price $799,000 + Buying Costs $15,980 + Initial Improvements $0 = Initial Cash Invested $814,980 Square Feet 9,248 Cost per Square Foot $86 Monthly Rent per Square Foot $0.87 Income Monthly Annual Gross Rent $8,026 $96,312 Vacancy Loss -$401 -$4,816 Laundry $0 $0 Operating Income $7,625 $91,496 Expenses (% of Income) Monthly Annual Insurance (4%) -$323 -$3,877 Management Fees (8%) -$610 -$7,320 Taxes (5%) -$398 -$4,771 Misc. (7%) -$534 -$6,408 Operating Expenses (24%) -$1,865 -$22,376 Financial Metrics (Year 1) Annual Gross Rent Multiplier 8.3 Operating Expense Ratio 24.5% Cap Rate (Purchase Price) 8.7% Cash on Cash Return 8.5% Net Performance Monthly Annual Net Operating Income $5,760 $69,121 - Year 1 Improvements -$0 -$0 = Cash Flow $5,760 $69,121 Assumptions Appreciation Rate 5.5% Vacancy Rate 5.0% Income Inflation Rate 3.0% Expense Inflation Rate 2.0% LTV for Refinance 75.0% Selling Costs $47,940 Purchase Analysis Purchase Info Square Feet 9,248 Purchase Price $799,000 Initial Cash Invested $814,980 Income Analysis Monthly Annual Net Operating Income $5,760 $69,121 Cash Flow $5,760 $69,121 Financial Metrics Cap Rate (Purchase Price) 8.7% Cash on Cash Return (Year 1) 8.5% Internal Rate of Return (Year 10) 12.7% Sale Price (Year 10) $1,364,807

The general rule of thumb is take the ARV (after repair value) multiply by .7 - repairs - wholesale fee.So if I find a house that needs 20k and is worth 100k, and let’s say I want to make 5k.

And the numbers you are looking at can easily be had and even with rent multipliers without adding any financing to the mix. 

I think this Park should be listed for around 430K.Assuming a 40% expense ratio and $200 lot rent * 31 units using a 60 multiplier gets you 375K more or less. 

Many times they only give you the assessment, so you would just multiply that by the local millage, which would give you the dollar amount.Zillow may give you guidance on taxes as well.

Clearly you can always multiply your purchase power with leverage, but is there a case for buying cash?

As a sponsor, you get the option to invest in another class of shares (class B) which will have slightly different rights but depending on your waterfall may yield a better IRR and equity multiplier.

Take the date of the start of the period and the date of the move out and calculate the difference, then divide the fixed cost by 90 and multiply by the number of days.