You need to be putting that aside to build up the reserves.If this is a cash flow negative rental (rents are less than my multipliers above), and you don't have the ability to fund the shortage from your other income, you MUST sell.

Because both of those numbers are just guesses and because the rent growth multiplies a bigger number it naturally has a larger affect and it compounds the more years they show.So my advice would be just to be conservative and assume the same low growth rate for each number. 2% is reasonable.Note, though that I said organic rent growth, if you are driving rent growth through value-add rehabs you have to show that in the numbers.

You could say that the GRM (Gross Rental Multiplier) is 3.0.

My 10 year goal is to purchase multi family complexes by using something like Brandon Turners "7 years to 7 figures" model, multiplying that x 4, and using the equity to purchase the multi family units and then rely on the cash flow as passive income. 

Maximum Purchase Price Formula:Purchase Price = After Repair Value - Buying Costs - Holding Costs - Selling Costs - Repair Costs - Repair Contingency - ProfitExample:  ARV: $200,000Buying Costs - Perform a detailed calculation of Buying costs Brokerage fees, inspection costs, appraisal fee, title costs, lending closing costs & points, etc.Buying Costs: 1 to 5% (depends on closing costs/points required up front)Holding Costs - Multiply your monthly holding costs by your holding period Loan payments, property taxes, utilities, insurance, HOA dues, maintenance, etc.Typically, 2 to 6% (depends widely on financing/loan payments & length of holding period)Selling Costs - Perform a detailed calculation of Selling costsRealtor commissions, seller assisted closing costs, brokerage fees, home warranties, title costs, etc.Typically, 6 to 10% of ARVRepair Costs - Walk the property and create a detailed scope of work of what needs to be repaired, replaced & remodeled.  

The question to ask yourself is “am I the type of person that would take the money spent on real estate education and be able to multiply it 5 or 6 times in the next year or two.” 

This is how I run my numbers at a very high level when I'm searching for deals: Down-payment ($100k) multiplied by 5 (20% down) = $500,000.

Generally it's normal to take the last three months of income (called "trailing 3" or "T-3"), multiply it by 4 (which annualizes it) and then subtract the expenses from the last twelve months (called "trailing 12" or "T-12"). 

Just looking briefly in areas around me (Chicagoland), monthly board for one horse can be anywhere from $300 to over $1000 - and multiply that for however many stalls that are available and it seems like you could see some serious cash.

Part of their income is based on interest they receive on the delay between taking the money from your tenant and delivering it to your bank over 3-5 days multiplied by thousands and thousands of customers.