-Sorry for the lengthy introduction.

Here are the numbers:Asking price: 89,900Purchase price: 75,000 (this is the price that make the numbers work)Operating costs:Water: 75Sewer: 25Garbage: 25Electric: 0Insurance: 50Lawn/ Snow: 50Property tax: 1416.... 118/monthVacancy: (3%) 38.40Repairs: (7%) 89.60Cap Ex: (10%) 128Prop mgmt: (9%) 115.20  (I plan to self manage at first but later move to a PM)Total operating expenses: 714.20/ MonthP&I: 286.45Overall total expenses: 1,000.65/ MonthTotal income: 320 per door= 1,280/ MonthCashflow: 279.35/ Month   3,352.20/ Yr.Closing cost: 2,000Repair cost: 3,000 (have not walked the property yet, I am thinking it does not need much if any rehab)Down payment: (20%) 15,000Total cash needed: 20,000COC ROI: 3,352.20/20,000= 16.76%Sorry for the lengthy post.

I thank you all in advance for taking the time out to read this lengthy email.

Sounds great, but also sounds like a lengthy process.

Thanks for taking the time to read my overly-lengthy introduction, and I look forward to interacting with all of you on the site!

@Pedro MartinsAs @Fabio Salas mentioned I'm not expecting to make 1k in cashflow a month from this one time investment, but more like trying to get a game plan to get there in the next few years..As to how I got to the goal, well.. it is my current "Freedom Number", and I don't have a specific plan as of now, just some ideas, that's why I'm here :)@Jeff W.Thanks for the encouraging lengthy reply!

After a lengthy conversation, he decided to meet with me Saturday morning.- a unique 1bdrm with lots of potentialI will keep everyone posted on the response rate and any interesting developments.

Depending on the bank this can be a lengthy process. 

The windows have been the only struggle point I’ve had in the area with such lengthy lead times for everyone

To understand lending a but more, I suggest clicking on the Product Sheet @ https://www.11capitalfinance.com/I suggest this specific one because it is lengthy and helps people understand the different types of lending products and their criteria.