I'd say that assuming the market stays the same is highly optimistic.

(I'm cautiously optimistic that it would approach the higher end.)The wide range is because I don't know how to account for the enclosed garage.

I tend to be more optimistic than others, I'm willing to manage for free, and I believe I have an area with good growth prospects, and I still use 40% for my evaluation.If you can't find cash flow properties, don't buy anything.

I'd be very leery of using an optimistic number for your projections.I'm leery of five units in general.

Not sure if we should remain optimistic on this one or not.

Now, if you mean they assumed they could refi out of a bad loan, then, at best, they fell prey to the same overly optimistic outlook as many others.

With a more optimistic 40% for expenses, you have some positive cash flow.At $900/month and with realistic expenses, you're $150 a month in the hole.

It does have some useful info so I can give it a 5 out of 10.How To Make Big Money In Real Estate Tyler HicksThis book is a little overly optimistic about real estate investing.

Dont forget to verify rental rates for the area and dont be optimistic.

You are also planning on increasing the rents 10% per year and counting on a lot of appreciation, both of which are very optimistic projections.