.$2.8M asking price 25% down, 5% rate, 25 year amortization $12,276 per month debt service$147K per yearStated NOI is: $95KUsually stated NOI is overly generous (in my experience) but if it’s accurate you’ll lose $52K per year.Difference between gross operating income and Gross scheduled income is $12K.

For example, I don't know if 1 appraiser can give an accurate value on Colonial period art, French antiques, Asian art, etc.  

If I want to gamble I go to the casino.

I'm utilizing both of those stock options and feel it is in line with my "gamble" on the company as a whole, if all goes well and they grow and show a profit, it will have been a great investment. 

@Matt Radhe what @Ryan E. said is pretty accurate in my experience.

The things I think you really need figure out and get very accurate are the ARV, construction costs, holding costs, taxes, insurance, and rents.

That is way too broad of a statement and not very accurate.

It’s far from a perfect rule but I do think it’s a little more accurate than people want to give it credit for.

And the lists that are generated may be accurate, but they can also be deceiving. 

i have found that Zillow is very accurate.