Let's assume the financials in the package are good for a moment (they probably are not) AND that you either do not or do achieve the broker's pro forma:If you purchase this asset, achieve ONLY the 'current' NOI, grow NOI 2% per year, and exit at a 5% cap at the end of Year 6, you will have a 4.8% unlevered IRR. 

What type of property do you plan to purchase(Single, multi, commercial, etc) and where do you plan to buy it?

I am learning a lot about real estate and want to purchase a rental property in my area.

Hi NidaI am very spectacle that the purchase prices you mention are anywhere but war zones.Most worth considering will start at $100K with rehab necessary.Please bewareBest Mike

I purchased a single family to rent out the rooms and it sent my finical plan completely off course because I was not as ready as I previously thought.

So pretty good equity position within a year plus cash flowing well based on a $325k purchase price.

Step 1: Ensure you can get financing (is it a cash purchase or will you need a loan). 

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.

What if I told you that you could purchase your house by only paying for 20% of the property value?

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.