Make sure to connect with local lenders and brokers as well, it will be beneficial for achieving your real estate goals.

As I understand it, the great  CCR and IRR numbers can be achieved (in part) because FIG presells the units and can negotiate harder with builders who can be hired to build multiple buildings instead of just one.  

Oftentimes, the data is at least a couple years old. 

As a current owner, I can tell you in this business you can achieve great returns, but you have to know what you are doing or you can lose your shirt.

We are caught in that vicious cycle of having to make more money in order to live better, and the utter lack of work-life balance is killing the very quality of life we are trying to achieve by working harder for it.Europe is a stark contrast, but you see a difference within the US.

You posted the raw data, just go one layer deeper to get to % returns to confirm your purchase price in relation to your expected return/profit/cashflow:$5,500 + $3,000 = $8,500/mo or $102k/yr GOI (gross annual rent collected)Knock off 25% for expenses and you are at $71k/yr or $5.9k/mo NOI on this $1.05M investment or holding this at a 6.8% cap rateWith your 7%, 75% LTV loan, you'd be paying $5k/mo for the loan, leaving you with $900/mo or $10.8k/yr in Cashflow.Now to determine your CoC return (Cash-on-Cash), take the $10.8k in CF and divide it by your equity-in, likely ~$300k, so 3.6% return on your cash/equity in this deal.

I pull a report of comparable rentals (usually off of Rentometer, sometimes using MLS data as well)2.

Expected NumbersBefore diving into the main financial data pieces to follow that move yields, a final, very important financial concept to cover is how the markets interpret data.

Buy data.

@Mark TaleonCashflow and appreciation in this environment of high interest rates are hard to achieve at the same time.