Multiply these numbers by six, and if you brought $150,000 ready to invest and took out these loans, you just invested $147,000 for a profit of $162,000.

The property was assessed within the last two years at a value of $91,000 and at $825 the rent multiplier is at 1.13 which is not our best property, but it will perform better as rents improve.Those are the numbers on this particular property.Phillip - please accept my invitation to discuss if there is anything we can help you with here.

Talk to your property manager for their rate and multiply it by the expected rent.

That differential in time spent prepping to rent, multiplied by daily rate achievable is another factor to consider.

If the loan amount in this scenario is $300k, the difference between A and B is $534 (0.433% - 0.255% multiplied by loan amount) plus any difference in fees appearing in Box A of your Loan Estimates. 

Gross Rent Multiplier - 10.98Cap Rate - 8.83% Cash on Cash - 65.66%

This number is multiplied by the number of sections to give the area per radiator then multiplied by the number of radiators for the total sq footage of steam required.

My best guess would be around 1.6-1.65million using different multipliers for the different properties.  

@CJ Witmer  POH = Park Owned HomesTOH = Tenant Owned HomesYes , cap rate is the multiplier at which an asset trade at.  

My suggestion would be to have your first one as close as possible........ big learning curve and that gets multiplied when you add distance.