650 per bedroom sounds pretty optimistic.

This year I've got about 10 low-ball offers out right now and at this point I think I got too aggressive on all of them, so I'm not optimistic on getting any of them.It's tough chasing a rising market, better than the alternative I guess.

I'd estimate it at $9,600.I don't like to try to break things up, because its too easy to reduce one a little, then another and end up with a way optimistic picture.

Don't get too optimistic on raising the rents.

Whatever you think market value is, you're probably overly optimistic.

It was a learning experience and didn't get the results I was looking for , however quite optimistic it will only get better.

Those NOI's sound too good, are you sure you're not being overly optimistic on your rents and/or under estimating expenses?

We operate off of experienced guestimates salted with a rose coloured optimistic outlook.

@Jay Hinrichs Wasn’t expecting a “can’t” I’m more of a optimist with a “where’s there’s a will there’s a way” type of attitude, so I was kind of hoping for a creative response but none the less I appreciate you responding!  

A 10-15% CoC return in Orange County seems quite optimistic, but of course it all depends on how much you are putting in as a downpayment.