Interest Rate: 6.5% per annum (fixed)5.

Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.

I also wouldnt let your mom go into 2nd position on an investment property with any sort of restructuring; it doenst sound like she's in a position to risk being wiped out.Overall, though, if you want cashflow on the new property but cant achieve that after a refi into a market rate loan, it probably makes more sense to just flip it, pay off your heloc and your mom, and use the remaining capital for the next deal.

Also the hit rate per property is really low.

I need help analyzing this property.Address:2542 Glenn Terrace, Mount Penn, PA 19606Asking Price: $209,000Taxes: $5087 (they are really high in my county)Renovations: $10K-$15KMortgage: ConventionalCredit Rating: 712 median1.

However, some amenities consistently deliver high value because they attract more bookings, increase nightly rates, or result in better guest reviews.

At the same time depreciation recapture is taxed at regular tax rates, not capital gain rate.

Rent rates have increased so quickly over the last few years.

For now, consult a CPA to determine the best structure based on your income and investment goals.This post does not create a CPA-Client relationship.

Higher interest rates are keeping some buyers out of the market so properties are sometimes sitting for longer or not getting the desired price.