No, using someone's made up numbers with poor methodology is worse than not using any numbers at all.

My goal was to apply the same methodology to both properties to help with making a fair decision.

@Johannes Schunter - MACRS 200% DB is the short name for using the Modified Accelerated Cost Recovery System (MACRS) using a 200% Declining balance - it's the same depreciation methodology you use on your tax returns.Here's the IRS Depreciation Guide => https://www.irs.gov/pub/irs-pdf/p946.pdf@Ariel G. - My theory is if I buy a stove, and it has a 7 year life, I can reserve the entire cost of the stove over those 7 years. 

Ideally would need to use your knowledge in developing methodologies for things to pay attention to and get some historical background.  

So I can add up quickly and provide a very nice buffer zone.Every individual investor will have their own methodology for calculating expenses.  

A Happy New Year to the BiggerPockets Community!While I wait with baited breath for Brian Burke's annual market analysis for the coming year...(His 2016 analysis: Best markets to buy multifamily in 2016: A round-table...

Talk about conviction to a methodology haha.

Congrats man.Your numbers also indicate a 33% ROI which sounds really good.I think different people will have different methodologies for ROI.

what was  your  methodology, line of thinking  or strategy in staking out the ground so to speak when you started….. if you don't mind sharing…….

But guessing how far people will drive to work is not exactly a science.Your methodology for factoring the in property tax assessment at sales price seems to be a good idea to me.