Horacio Gutierrez
Rent and home appreciation data
25 January 2019 | 9 replies
Domenick, From the two sites you recommend me do they show me the Gross Rent Multiplier of a certain city, also are these sites more accurate with information than mashvisor.com?
Jay Garrison
determining utility usage for a tenant
12 September 2019 | 4 replies
See if you can get that, divide that by 30 and multiply by the number of days the tenant cheated on you.
Thomas J. Clifford
LEVERAGING TARGET: What should my downpayment be?
21 June 2019 | 4 replies
Clifford, this comes up a lot on BP, so it's worth your time to research what else has been written.Short answer: leverage allows you to scale faster and multiplies your returns at the "cost" of more risk and restrictions (e.g., meeting lender underwriting requirements).Something to keep in mind: you can buy cash and then finance later.
Tanya Lam
Partnering up
30 November 2015 | 20 replies
Tanya...take everything that Daniel said and multiply it exponentially!
Krishnan T.
Convert a Florida sun room into additional bedroom w/wo bath
2 May 2018 | 10 replies
A real rough and ugly way to see what it will add is look at the average sq ft price for you neighborhood and then multiply that by the space you are adding to your home.
Account Closed
What are some rule(s) of thumbs for evaluating Multifamily props?
8 September 2018 | 10 replies
Here's a quick way to evaluate a property: take the annual gross income, multiply times .5 (half goes to expenses, divide this (the net operating income), by your desired cap rate (e.g. 8%)Here's an example: $100,000 gross income, x .5 = $50,000 net operating income, divide this by .08 and you get the purchase price of $625,000.If they're asking $650K, the property is probably worth looking into.
Katrina Mullens
[Calc Review] Help me analyze this deal
24 June 2018 | 8 replies
.** Purchase & Rehab **Purchase Price: $115,000 ($76/sq. ft.)Purchase Costs: $3,450Rehab Costs: $7,500Down Payment: $28,750Total Cash Needed: $39,700** Financing **Loan Type: AmortizingLoan Amount: $86,250Loan to Value: 75%Loan Term: 15 YearsInterest Rate: 4.5%Monthly Payment: $660** Cash Flow (Monthly) **Rent: $1,260Vacancy: -$126 (10%)Expenses: -$504 (44.4%)NOI: $630Mortgage Payment: -$660Cash Flow: -$30** Returns & Ratios **Cap Rate: 6.6%Cash on Cash: -0.9%Return on Investment: -3.9%Return on Equity: -0.9%Internal Rate of Return: -3.9%Rent to Value: 1.1%Gross Rent Multiplier: 7.6Debt Coverage Ratio: 1
Jeremy Woods
What happened when we just decided to jump in!
8 June 2018 | 14 replies
Due diligence is generally the same just multiplied lol.
Matthew Shay
Raising Taxes Based on Purchase Price
28 February 2019 | 6 replies
Part of due diligence is to call the county and ask for current taxes, and tax multiplier or how the taxes are being calculated.
Hadar Orkibi
Catch Up In Salt Lake City - Seeking Multi Family.
4 March 2018 | 3 replies
I am on a hunt to find the best SFR's and Multi rental deals based on the following: Cash on Cash Return, Gross Rents Multiplier, Gross Yield, Cap Rate, Debt Coverage Service Ratio, and Internal Rate of Return (10 year).