put in the current UPB (as a negative number) the payment and annual interest rate and solve for number of payments.

For California the annual fees is too high, and also if I use an llc in California I would need to file taxes two times so there’s a double accounting fees.

Should provide approx.. 12-14% cash-on-cash, with about 7% equity build, giving us close to a net 20% annual return. 5.

Financials: Purchase Price $112,500.00 Renovations $140,000.00 Total Investment $252,500.00 As A Flip: ARV $300,000.00 Closing Cost 7% Net Income at Sale $279,000.00 Total Profit $ 26,500 ROI 10% Annualized ROI 13% As A Rental: Rent Income Month $2,300.00 Yearly Rental Revenue $27,600.00 Yearly Expenses (35% Exp.

Here's an example of how the math usually works when I look at it...http://www.loopnet.com/Listing/3121-3205-Orange-Ce...Purchase price = $2,480,000NOI before debt service (derived from 7.6% cap rate) = $188,480If 80% of purchase is financed over 30 years at 5%, that is $127,807.68 in annual mortgage payments.This leaves $60,672.32 in profit every year, until Year 31 when the mortgage is paid off.This is a down payment of $496,000 that you wouldn't see back until over 8 years.

JD Martin I agree with you, and add to the fact that most of the travel credit cards have annual fees and it just doesn’t seem worth it to me.

Appreciate it @Scott Wolf I’ll give them a look. 

I am trying to file the annual report.

The on-demand units need less space, but require more annual maintenance in order to avoid them calcifying.

Dave’s annual depreciation will be $3,723 ($90,000/27.5).