Heres what I got:Monthly Income:$1,897.00Monthly Expenses:$1,737.92Monthly Cashflow:$159.08Pro Forma Cap:5.48%NOI:$11,233.60Total Cash Needed:$14,750.00Cash on Cash ROI:12.94%Purchase Cap Rate:7.49%Total operating expenses:$960.87Mortgage expenses:$777.05 Vacancy:$189.70Repairs:$189.70CapEx:$284.55P&I:$777.05Property Taxes:$296.92Purchase Price:$150,000.00Purchase Closing Costs:$3,000.00Estimated Repairs:$6,500.00Total Project Cost:$159,500.00After Repair Value:$205,000.00 Down Payment:$5,250.00Loan Amount:$144,750.00Loan Points:$0.00Loan Fees:Amortized Over:30 yearsLoan Interest Rate:5.000%Monthly P&I:$777.05 Total Cash NeededBy Borrower:$14,750.00Financial InfoIncome-Expense Ratio (2% Rule):1.19%Total Initial Equity:$60,250.00Gross Rent Multiplier:6.59Debt Coverage Ratio:1.20Looking at the numbers how would you judge this property so far?

A 2% deal would be really great for your ROI but it's not your ROI.Your ROI is calculated as such, using your example.down payment is $8,000Your rent payments are $2,600Subtract your expenses (mortgage, insurance, tax, pmi, and any other bills you will pay) let's say that comes out to $2,000.So 2600 - 2000 =600then multiply your monthly cashflow by 12 months600 × 12 = 7200finally divide your yearly cash (7200) by your invested money (down payment) 80007200÷8000 = 90% ROIhope this helps

Go ahead and multiply 4% by $750k and tell me if rate is really what we should be focused on here when evaluating if this makes sense, or if we should just move on from the property...

I will tell you that finding a contractor that hasn't multiplied their costs in the last year are hard to find.

@Candice Brown multiply your numbers by 20 and you will see some results.

Basically they will average the past two years and divide it by 12 then multiply it by their DTI limit.

Multiply the appraised value by 4% to determine the assessment.

@Kyle GodboutI think what you are doing is a GREAT idea, you are slowly but surely creating wealth and multiplying that with knowledge as you begin to purchase more deals at better prices!!!

ok let start from the beginning so u can fully understand my situationI met a investor who was looking for bird dogs so we connected an paperwork was done an a agreement was reached within this agreement said investor agreed to fund my section 8 program here in ks as part of our contract.Well I've been doing the job asked of me but the offers this investor sends doesn't make since under the guideline's of the math he broke down to get his numbers for the offer65% price reductionSo there's a house that's 199,000$ according to the math I'm spose to multiply this number by .65 the numbers come out to be 129,350But he sent a 95,000$ offerOn all his offers or not acceptable due to his low offers I've been on this for about 2 weeksBut I don't see my program going any because of thisWhat should I do over 60 houses under 50 grand wouldn't you offer what they want if it was worth it why try to swindle people out of property???

Here is some additional information:SQ FT: 1,800Sale price: $260kYear built: 1980Taxes: About $3,500Gross income: $20k/yearRent multiplier: 12Operating Expense: $10k/yearNet income: $11kParking: 2 car garageRents include water/sewer/garbage/landscaping and according to the REA it's been well maintained and always rented.