Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

In analysis of subject propert the cap rate for 103 property in this area is 5.4%.

I have rental data, analytics, and entire market analysis in Reno, NV.

Hi Jimmy,Thanks for the feedback, we have considered Columbus in our analysis and while its great option considering how well the appreciation amounts, i doubt we would find a multifamily in our budget within  those appreciating markets.

Towards the end of the year I was down to my last couple of grand until I had finally seen the results of my prospecting throughout the year.

That will likely be one of the side effects of improving your property and should be accounted for in your analysis.

Finally in the mix we had Covid, which pushed a lot of people out of big cities up to our beautiful area with lakes, rivers, mountains, etc. and housing inventory is crushed! 

Nonetheless, you can base the DSCR calculation on PadSplit rent (if there's a history of PadSplit income being produced) or short-mid-term market rent (an analysis done at the same time of appraisal).

A good place to start figuring out profit/cash flow is to search the forums for the 4 Square Analysis. 

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