The assumption is that people don't pay taxes on properties they don't own, but you may find trustees with knowledge of the property too. :)

@Daniel WindingstadRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

You'd need to hold the mortgage for 5 years to make it worth waiting under these assumptions. 

You can change the exit cap rate in the basic assumptions tab cell H67 and see the effect on the IRR and EM in the Equity Waterfall (GP) tab cells V51 and V53.

Specifically, it looks like you’re including PITI and HOA dues in your expense assumptions, but what about maintenance and repairs?

@Corey BlakeRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

@Helene Goodworth your assumptions (vacancy, R&M, etc.) look correct.

Making some assumptions on this quadplex it would finance approximately $3000 per month including insurance and taxes.

I am going to make some assumptions and see what I'd do.

@Pete TarinIf you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy a Class D property in a Class A area, what type of tenant will you get?