I would project, 6 months, so if there are holding costs $2,270 a month (not including utilities), with utilities in about $2750.00. $2750x6 months= $16,500..

Utilized a low down payment loan, maxed seller credit, tax proration and closed on the 1st of the month to maximize my cash and acquire this property What was the outcome?

This means that every year, your IRR (Internal Rate of Return) will increase.4) In an appreciation heavy market like San Diego, the IRR is going to be the best way to calculate your earnings as cash flow is fairly low relative to initial costs (down-payment, closing costs, carry costs while placing tenants)5) To calculate your IRR, you want to use this formula: (Appreciation + loan pay down +/- Net rents)/ down- payment.you can include the Closing Costs, and carry costs, but I usually do not.

Ft)Heavy Cosmetic ($60 x Sq.

Quote from @Robert Bishop: Quote from @Caleb Brown: I would still focus heavy on stocks/index funds.

Being part Alaska Native, there was incentive where they would pay your down payment and we utilized that tool!

While 2/2s are better 3/1 are more desirable because of the heavy section market in the city. 

My buy box is turnkey sfh 3/1 or small multi newer major utilities and roof.

Electric heat can be very expensive in the winter so I would always encourage landlords to have tenants pay utilities so they have some incentive to conserve.

@Frankie Lotrec if you have an existing loan on the property and you plan to legally convert from a 4 unit to 5 unit , you should check the loan documents because you’d essentially be converting it to a commercial property, since 5+ units is considered commercial and subject to different appraisal approaches and so it would rule out the property being considered for purchasers utilizing residential financing.