For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

A safe baseline is 5%–10% for vacancy, with C class properties often leaning toward the higher end due to more transient tenant populations.As for maintenance, the percentages they’re quoting—2% for B class and 7.5% for C class—are on the optimistic side, especially for long-term projections.

If you choose an online program, ask how much access you have to the coach.

Thank for your help Connect with a great property manager or use one of the free online tools to estimate rents.

Then to be safe, I like to add 10% to it as a buffer when/if cost overruns occur.

Hi @Joy McQueary - you can find a breakdown of rental rate increases by state online, and here's where to find a list of the hottest multi-family markets.

Are the older homes in this area safe to buy or do they break down a lot?

I'm perusing through some online listings for multifamily in my area.

It is therefore extremely important for you to know how to properly evaluate and choose a SAFE 1031 Exchange Qualified Intermediary for your 1031 Exchange transaction.You should always perform a careful and thorough due diligence review before making your final selection.

This owner found a free lease template online that provided very little landlord protections.