It's highly sensitive to demographics and a declining business in some areas of the country.

@Mayda Searfoss When I decide on an area that I want to invest (based on the numbers and demographics) I always call a few local property managers and I tell them that I plan on buying several properties and let them tell me about their services.

Additionally since you will be changing tenant demographics with a 50% increase you may not want any of the existing tenants to stay.

Now big box space that can happen but if the smaller free standing NNN corp (not mom and pop stuff) goes dark but demographics and median income and population growth is strong for the location you will have many new tenants fighting for it.

I am looking for information on Demographics.

Lots and lots of interesting niches.We don't do divorce or probate for two reasons: 1) the available data sources are crappy, 2) public records isn't the best approach for those leads - you are better offer with reading obits, working with attorneys, etc.We'd like to add demographics - age, occupation, gender, etc - but again the data quality isn't that great.

I suppose I should run away from a neighborhood that makes my investments properties an income all due to demographics?

I've never been to Jax, but I like what the demographics were telling me and I was able to hook up with some awesome JV partners that I met on BP, who made that investment possible. 

Lots of new businesses are popping up and the demographic is changing very quickly.I've included the numbers below over a 10 year period and I would love people's thoughts.Asking Price: $235,000 ($240,000 including closing costs)Annual Rent: $22200 could be raised to a market rate of $ 26,400 (this is what I'm basing the IRR below on).Vacancy & Credit $1400Annual Insurance: $2500Licenses: $100Property Management (10% of gross rent): $ 2640Annual Repairs and Maintenance (including turnover costs): $3000Property Taxes: $4000Trash, Water, Sewer: $400Total Expenses: $12640Net Income: $12360Cap Rate: 5.15%Cap Rate on Purchase Price/Closing Cost of $220,000 (1% rule): 5.61%The IRR below has been based on a yearly rent increase of 5% and a yearly increase in expenses of 2%.IRR on Purchase Price of $240,000: Initial Investment (as negative amount) (20% down) (48,000) Cash Flow, End of Year 1 1600.32 Cash Flow, End of Year 2 2602.32 Cash Flow, End of Year 3 3661.86 Cash Flow, End of Year 4 4781.9658 Cash Flow, End of Year 5 5965.817466 Cash Flow, End of Year 6 7216.75710282 Cash Flow, End of Year 7 8538.2970167514 Cash Flow, End of Year 8 9934.12828755518 Cash Flow, End of Year 9 11408.1297702985 Cash Flow, End of Year 10 12964.3775485462 Internal Rate of Return 5.37% IRR on Purchase Price of $220,000: Initial Investment (as negative amount) (20% down) (44,000) Cash Flow, End of Year 1 2517 Cash Flow, End of Year 2 3519 Cash Flow, End of Year 3 4578.54 Cash Flow, End of Year 4 5698.6458 Cash Flow, End of Year 5 6882.497466 Cash Flow, End of Year 6 8133.43710282 Cash Flow, End of Year 7 9454.9770167514 Cash Flow, End of Year 8 10850.8082875552 Cash Flow, End of Year 9 12324.8097702985 Cash Flow, End of Year 10 13881.0575485462 Internal Rate of Return 9.13% A couple questions:1.

These are very different demographics compared to West Chase.