Hello All - Want to see if I am correct with the following when trying to understand only principal pay down  and its impact on returns.Keeping numbers hypothetical, round and simple.100K house20K  down payment Cash Flow - 2000 a year.COC = 10%Assuming every year there is ZERO appreciation:Year 1 Principal Pay Down - 1,000Question - How do I calculate the principal pay down as part of the overall return?

We advertise on HomeAway and have no trouble getting rentals year-round.

I reported them to the BBB, but they argued that because I used the second round of leads I was still using their service.

Two areas that I have been interested in are Round Rock, TX (Just north of Austin) and Chattanooga, TN. 

It's less precise than exactly calculating out the lifespan and cost on every major system for your exact zip code and specific property, but it's also more precise than using a round 5% of gross rents (or whatever).

My personal opinion is that Gatlinburg has more year-round attraction.

I sent out my first round of mailers this week so hopefully I end up where you are soon!

I keep it around just in case my company does yet ANOTHER round of layoffs.

And if there are enough properties being worked on, it might be worthwhile to share the cost of a security person/off-duty or retired cop to make rounds all night, in addition to alarm systems in each house.

It is also my policy to list the property with the agent that brought me the deal if I don't keep it as a rental.Now when they ran into a piece of crap they didn't want to list as it was and the owner didn't intend to make it marketable they called me instead of tossing that lead into the round file.