
31 August 2017 | 4 replies
I currently talking to a broker about his 4units MFH on the market and here are the specs for this deal:Rent Roll:4x $550 monthly returns:$2,200.00 yearly returns:$26,400.00 Income & Expense INCOMERental Income $26,400.00 Coin-op $1,200.00 Vacancy/ Credit Allowance 5% $1,320.00 Total Income $26,280.00 EXPENSES (Best guess and ests totals 5% min $200) - Management $2,400.00 - Utitlties: Water, Gas, Power $3,436.00 - Maintenance $1,320.00 - Insurance $2,000.00 - Includes Trash Property Tax $2,826.00 Total Expenses $11,982.00 NET OPERATING INCOME $14,298.00 RETURNS ANALYSIS- Capitalization Rate 7.15% - Project Cost $199,900.00 - Price Per SF $50.00 - Debt Amount $159,920.00 - Equity Required 20% $39,980.00 Net Operating Income $14,298.00 Debt Service $9,723.49Net Cash Flow $4,574.51Leveraged Return on Equity 11.44% $64,022 net worth accumulation Principal Payment - 1st Year $2,579.85 Return on Equity after Principal Payment 17.89% $64,022.38DSCR 1.4704591Year 1 $7,154.36 Year 2 $9,852.51 Year 3 $12,674.51 Year 4 $15,626.51 Year 5 $18,714.51 Debt Service Assumptions Interest Rate 4.50% Amortization 30 LTV Ratio 80%(Properties located in Wisconsin City Green Bay) Take for a fact: I don't know the surrounding economy of the city at the moment and the area of this property.

13 September 2017 | 34 replies
Do you simply deposit them in a savings account to accumulate some interest?

1 January 2018 | 20 replies
@Duke Marquiss . it really is satisfying to be able to help someone while accumulating assets.

15 December 2016 | 30 replies
Be confident, logical and ask.4) Contact list established in advance - My contacts list had 150 folks that I felt had the means, might have an interest that took about 3 months of accumulations.

20 April 2016 | 5 replies
I am planning on going to a REIA meeting this weekend, and have emailed the information to the very tiny buyers list I've accumulated in the last week, but I didn't know if there were other go-to places to advertise empty lots of land.

16 December 2015 | 6 replies
If I understand it correctly, wholesaling deals can get me cash which I can accumulate to then do buy and flips, correct?

12 March 2016 | 34 replies
Normally I set them up where I will pay the seller's mortgage for 5 years and by then I've accumulated enough equity to refinance at 75-80%.

19 October 2016 | 15 replies
My residents pay the mortgages and costs of doing so, and I get the maximum amount of benefits and use of the equity that accumulates in the properties as we go.

25 October 2016 | 8 replies
I do anticipate accumulating a good number/concentration of properties in these cities once i start, hence the starting decision is important.What markets/cities would the gurus on the site recommend?

1 November 2016 | 19 replies
Its the best way to accumulate net worth.