If successful, overturning the eviction ban would affect all landlords in the state. 

Cash Inflow:Rent: $2,600.Utilities: $250.TOTAL MONTHLY CASH INFLOW: $2,850.Monthly Free Cash Flow:Monthly Free Cash Flow = Monthly Cash Inflow – Monthly Cash OutflowMonthly Free Cash Flow = $2,850 – $2,485Monthly Free Cash Flow = $377NOI = $22,900Cap Rate = 4.58%Assumed Annual Appreciation: 5%1st Year Net Worth Increase (Total Return) = $23,740Annual ROI Year 1 = 23.74%Annual ROI Year 2 = 40.66%Return on Equity (ROE) Year 1 = 23.74% (same as ROI)Return on Equity (ROE) Year 2 = 30.29%As you can see, this is about a 0.6% deal and I still made a bunch of money from it.

Landlord must pay tenant whose allergies were triggered by neighbor's support dog, court rulesDES MOINES — An Iowa City tenant with a severe allergy to pet dander will receive damages of one month’s rent from a landlord who allowed another tenant to have an emotional support dog in a building with a no-pet policy, according to an Iowa Supreme Court ruling Tuesday.In a 4-3 decision, the court overturned a district court ruling that concluded the landlord, 2800-1 LLC, shouldn’t have allowed the tenant to have a dog because of the other tenant’s pet allergies, but then dismissed the case because the law governing accommodations for emotional support animals wasn’t clear.Chief Justice Susan Christensen, who wrote for the majority, said the two tenants — Karen Cohen, who had severe allergies, and David Clark, who had the dog — had the landlord in a “pickle” trying to accommodate both of them.

The county could make errors that could be overturned etc.

The $600 will drop when you add in cap ex, maintenance, and a vacancy factor (in addition to management fees as you should get "paid" for that work).That leaves a fairly low ROE. 

However, your ROE will drop at some point and that is a great time to continue to refinance, or 1031 and step up into your next property. 

I personally use a HELOC to purchase BRRRR projects as well, and I'm trying to determine what the best ROE should be for me. 

Pre tax, your ROE is 8.4%, which is not bad, but that will go down year over year.

Once I own a property, I like to look at my return on equity (ROE).

How do you strike that balance between efficiently scaling while maintaining attractive CF/door & RoE?