If you multiply the monthly rent by 50, that is the same as dividing by 0.02.Also, there is the 50% rule of expenses.I find it is nearly impossible to find a property in my area that will cash flow using these numbers, but will keep looking.

Take all of the hours you will be working on this place whether managing it yourself, or managing the managers and multiply that by what your time/hr is worth.This is why investing in appreciation is not a good play in my mind.

Divide that 60% by five years, and you have another annual 12% from the profit at the sale to add your 8% COC% The math comes out to a 20% average-annual-return multiplied by five years for a 100% total return.

Yes, the market grew by a multiplier, but I saw it would not sustain that growth clip and knew we were nearing an apex and as sure as a sunset follows a sunrise so too would consolidation follow the explosive growth. 

@Mike Levene, while I didn't recalculate all your math, it generally seems to ballpark correctly (read: it looks like your excel or calculator gave you realistic outputs for your inputs and you didn't accidentally divide where you should have multiplied).The renovation budget seems very low.  

It looks decent to me based on CAP, CASH on CASH, Gross rent multiplier ratios.Please share your feedback.....

If your property sells based on the Gross Multiplier rule-of-thumb then if you increase your 2 rents by $200 you earned $200 x 2 x 12 x 13 GRM (average) = $62,400 + $48,000 for increased rent = $110,400.

Multiply that by the 1000+ HUD properties I have purchased and that is saving some real $$$$

Even a few bed bugs can rapidly multiply to create a major infestation that spread to other units. 6.

A simple, quick calculation you can use right now to determine valuation is multiply the # of occupied MHs times the amount of monthly lot rent (not home rent) and then multiply that by either 60 or 70.