When calculating your return, bear in mind you'll most likely have to pay 100% in cash to make it work.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

View report*This link comes directly from our calculators, based on information input by the member who posted.I’m considering purchasing two investment condos to help pay for my children’s college tuition in 13 to 15 years.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Before the income subject to UBIT is calculated you can depreciate and deduct expenses and losses on that portion of the income so generally it's not as bad as people think. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

You cannot calculate rent by subtracting off the rent of the ADU.  

I have calculated the late fee and it should be about a half percent total.

You are best off to raise the rent and give the tenant the option to stay.Also, I hear a lot on here that "rents should be", "the potential rents are"... make sure that you do your due diligence when calculating potential rents because most new owner OVER estimate them.

. $360k equity (based on your estimated loan balance and estimated transaction costs if you sold, this is not calculating capital gains taxes but that would reduce your equity down to about $310k if you sold without doing a 1031 exchange). $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).