So, even when the market is challenging, you can still see properties and stay current.Don't take a break when the rates are high.

With $50k down and a 7% rate, the payment would be around $3300.In the Denver area, you can get $800-$1000/room.

But when the interest rates started going up about the same time the fed start raising its rate, new construction came to a screeching halt.

So, splurging on a pool table, hot tub, and a telescope to enjoy the views would yield significant returns.I'd love to hear your thoughts!

I’ve heard from some source that many new construction homes are offering attractive incentives and lower interest rates.

This is to get your tax deduction at a higher tax rate.  

Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).

The unit SF is one component of its size, but then we will sometimes add exclusive use common areas  as well as a pro-rated allocation of the common area.

I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

Always enjoy your posts.I have a quick question, but a true story.