Assuming it's accurate, a 5% cash-on-cash return (cell F22) is not nearly enough to justify all this effort!

Real estate investing allows you to diversify your portfolio instead of having all of your eggs in one basket like with buying an investment property or stock market investments alone.Investing in real estate funds also gives you access to the real estate market without the hassle of being a property owner or manager.

Cell: 9733091249Hey Arman,I think it all depends on what you're looking to do.

The inclusion of the rehab estimate section was just to give an example of how to generate the values for Cells C13 and C14 of the analysis, and the information in the rehab estimate portion of the spreadsheet can be completely ignored. 

What it seems like you are doing right now is stretching and rushing.You have a good nest egg for your annual salary, you don't want to burn that all and have to wait a few years to build it back up again.

Str has elusion that it's money maker or break even, great to highlight the fact that break even most likely comes with no mortgage and even then hope you don't have any capital improvements that are needed. we work our strs the same way A great reason to not have all your eggs in the STR basket.

Kevin  My initial reaction would be to recommend against this as it appears you are putting all your eggs in one basket, meaning real estate. 

I don't put all my eggs in the STR basket. 

The cellphone carrier will turn off the cell phone service if payment is not made. 

We immediately started the rehab of this unit only to have the city inspector say that the bedrooms were too small and the bathroom celling was not to code.