wow, nice deal, mark. i am currently doing a flip house with almost the same numbers. i feel pretty good about it. although, i am quite sure i am going to go about $5000 over budget, but the numbers still crunch well. congrats on your first flip. being nervous about it is natural, but the only feeling i can remember having after my first success is regret in not having done it sooner. congrats again and we all here at BP are here for you whenever you need it

Like everyone here has said, you can basically get the info here for free, and its no different if you just Find the Property, get the Deal, crunch the numbers and offer it to a Real Estate Investor here (or anywhere else) and get paid the same amount.

Price $140k for triplexdownpayment: $10kloan amount $130kTaxes $420/monthPITI 1097gross Monthly income $2,000less vacancy (200)less maintenance (100)less cap expenditure ( 100)less property manager (200)Less other costs (MI, lawncare etc. (200)net income 1,200So these are not all the numbers but after crunching them even in this 5 minute analysis, it does not look worth it to me.  

Other than that, the cash crunch has most of the 9 properties (most already rehabbed and rented) for a reasonable price/deal.

I suggest keep crunching the numbers, but be extremely mindful that taxes come into play, capex, and other sudden expenditures might spring on you.

In regards to plugging numbers into a calculator and not coming up with the same number, without reference to what those numbers are and how you tried to calculate them, nobody can speak to the accuracy of your number crunching or the post which are referring to.Perhaps make up and example and some folks can comment to help you understand.

(I can stay at my girlfriends nights I operate)Or Try my best to crunch a triplex under  under my belt, house hack, rinse and repeat? 

So far I've only closed on traditional multi-family properties, and I've gotten pretty good at crunching those numbers and determining income potential to help me make my best offer (and find my max price).

Hello, I just completed my first deal back in the states after a lot of searching and number crunching.

Hello Biggerpockets,I'm currently crunching some numbers for small multifamily properties throughout central Ohio and wanted to see if I'm on the right track when it comes to my underwriting assumptions.