Well run, your NOI should be about 38.6kAssuming 4.125%/20 yr loan @ 1272 paymentsBack of the napkin numbers suggests a cash flow of 1945/moBUT TO YOUR EVALUATION with real expenses and financing

i have found a few properties that seem way too cheap and im interested in begginner  pointers or maybe a simple remake of bigger pockets "how to run investment property numbers on the back of a napkin" for mobile homes.thank you 

A few things to consider:- VA loans require the home meet a set of minimum property requirements ensuring the home is safe, sanitary and structurally sound.

The site is zoned for 18 units by-right and I've done a quick back-of-the-napkin feasibility in developing the site.Can someone spot check my analysis and provide feedback?

Under the State Sanitary Code, property owners/landlords must keep all means of egress free from obstruction — that cannot be negotiated away.

ScottI know its common knowledge for everyone but,,,Of course make sure you have a traditional P shaped drain trap known as a "P Trap" and make sure it is installed properly so you have 1/4" per foot negative grade toward the sanitary tee fitting in the wall.A tight trap joint with no leaks assures a proper water seal in the belly of the trap to isolate any sewer gases or odors'To this day ,I go out on plumbing calls for complaints of odors and find fixtures without proper traps or vents sometimes in million dollar homes and businesses.Yeah,,,,,,go figure guys,,,,,Hope this helps DD

They sold the other part to some other buyer.The problem is that when they sold us the property in 2013 they didn't disclose that their sewer line is connected to the only legitimate sewer line that is placed om the neighborhood's parcel, the one they sold earlier.So, now, when we wanted to upgrade our property and went to sanitary department, they told us they will not give us any permission to do anything until we fix the problem and dig a new sewer line connected to town main pipe.The estimate for the job comes to many many thousands dollars and at least five days of work, not to mention all the fees to Sanitary department.The thing is, neither City Hall nor Sanitary Department in Martinez, CA don't have any records or maps of the pipe lines on our two properties (that used to be a one property).

I like the napkin art but would tend to lean towards this going forward. 

Wrote number on napkin and gave it to the seller.

Wrote number on napkin and gave it to the seller.