Philadelphia, PAList price: $1.035MUnits: 23BUILDING SIZE: 16,236 SFGross Income $188,760Operating Expenses $100,614Net Operating Income $88,146Pre-Tax Cash Flow $33,515Rents vary but the average is $668 and there is value addBy my figuring I'm looking at: Monthly Income: $15,718.00 Monthly Expenses: $13,487.39 Monthly Cashflow: $2,230.61 Pro Forma Cap Rate: 7.14% Cash on Cash ROI: 2.27% Purchase Cap Rate: 8.73%Do you all think its worthy of continuing to pursue further?

Typically on my pro formas I don't figure in depreciation tax savings.

Im $140,000 in debtNOI:  $6,944.00Cash on Cash ROI:17.56%Monthly Cashflow:$439.09Income-Expense Ratio (2% Rule):1.96%Total Initial Equity:$94,000.00Gross Rent Multiplier:1.89Debt Coverage Ratio:4.15Purchase Cap Rate:27.78%Pro Forma Cap Rate:5.79%

I'll check out the WI form as well though for reference, thanks@Rebecca Holmes a good heads up, I'll make sure we have appropriately filed if we do go the option route

The time frame to form a syndications is 2-3 months.

You do not form a partnership with your spouse in this case.

a business plan sample or template I did not know there is such a thing - maybe some of these ideas will help with you form a template for investing in multifamily units....know how much money you can put your hands on todaycreate a credit line ( as big as you can - you'll need it!)

Maybe it will be a good number maybe not, but really I want to form a relationship with them and eventually try to workout a line of credit for future deals.I plan to provide a detailed folder with the current project start to finish, and show them the numbers from the BP calculator and how I worked the entire process.  

Did you form a single member LLC or two persons?

Which websites do you use to get Pro Formas on Bloomington Indiana properties?