An identical rehab will cost much less in Summerville than it will on the Peninsula.

Meanwhile I originated a refinance loan in July of 2023 on a nearly identically built housing product and the rate was 6.66%.

This is a smaller, local bank but otherwise all other aspects are almost identical to the larger bank. 

Our neighbors, a couple who harbored a narrow vision of neighborhood identity, opposed our mission to rent out our home.

Not to say we'll have that identically, but usually before something bursts there's a heavy run up. 

That's been our experience and with nearly identical cash-flow numbers based on interest rates.

New construction will not be the identical house since everything in the house would be new and the house would be built to modern building codes.

In this business no two investors can accurately compare cash flow unless they use identical systems for calculation and even then the number is only realistic in their own minds.

I have not had an official appraisal but two of my neighbors sold their homes recently for 260k and our houses are identical in layout and square footage.

Two sponsors can structure their syndications with identical assets and execute the same way meaning the underlying real estate will perform the same but sponsor A uses 50% bank leverage and invests no capital into the deal whereas sponsor B uses 75% bank leverage and invests 10% of the committed capital.