id=10Es_tZ8EAUJSS5c2UDGC_LZAP0_W2PA5&usp=drive_fsQuote from @Michael Carlson: Quote from @Jaycee Greene: @Michael Carlson With those numbers, and using $2,400/unit for rent, I'm coming up with a 7% cap rate on the $580k ARV.

Rated Very Good.2.

With rates and lending terms constantly changing, I’d love to hear from those who have recently closed or explored a blanket loan.Which lenders are offering solid terms right now?

When financing these projects, keep in mind that some lenders may require a larger down payment or charge higher interest rates due to the increased risk.

We have a 64% vacancy rate now a year and a half later and our unique property management style ensures that we are renting our spaces 2 x faster than the competition.

Any / all insight, experience with occupancy rates, etc. would be greatly appreciated. 

We bought the property at below market rate because the seller was motivated and needed to close quickly.

I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

Especially since I’m already the one choosing rates/terms. 

Hi @Briley RoeNice to hear that you made the first step in investing.Looking at the deals, I would need more information, but per the data that you have, the Cap Rate is within a good acceptable amount.Cash on cash is low, but depending on the area that you are the appreciation will catch up.