@Jeremy VanDelinder  The couple hundred bucks may be nice to throw at some lower level subcontractors , but as a professional you would have to move the decimal point to the right to get my attention

And PS  I bought a house last year in Charleston SC that by the time I went into contract ( it was vacant) and the time they cleared the title.. 7 months the termites decimated it and I had to demo the whole house  LOL>.

Do it in decimal form(I.e. 10% is .10). 

They have to hold money in reserves for non-performing notes that they can not lend out. it decimates their bottom line so unless they have to,they won’t.

Vendor went out to the third decimal place, my software only 2.I was off a few cents and spent far to long trying to figure out why...

I think that someone sliped a decimal point somewhere - The reprort shows monthly NOI of $113..22 which is $1,358.64 annually.

They should know them, down to a decimal point, and be able to explain how they were determined and how those figures impact your bottom line.

So if you want to estimate the income that will show on your K-1, take the forecasted NOI, subtract loan interest (not the principal payment), subtract depreciation (take the purchase price, multiply that by a decimal that is the the ratio of structures to land assessed value on the property tax bill (usually between 0.6 and 0.8) then divide by 30), then subtract amortization (nearly impossible to predict, if you ignore it you’ll just get a conservative estimate of the taxable income).  

You may have missed a decimal on that cap?

They were decimated and the core MSAs saw minimal leakage and growth at a sooner time.