Cities/Neighborhoods AvailablePrice Range by classPro Forma ROINeighborhood class rangeCap rateVacancy RateAverage Rental ratesManagement company (internal or external)Years turnkey in businessYears management in businessProperties under managementMonthly Management FeeOther Management feesTenant Screening processCan properties be independently appraised?

Rather than using pro-forma numbers i'd like to get straight to the actual numbers.How do you guys analyze deals?

If you ever see something trading at a 30 CAP that is either an error in the Pro-forma or some type of variable cost has been left off.Buildings built 1950+ of this size and area are typically trading at a 4-7 CAP.

Also, you will need calculate cap rate off those numbers, cash-on-cash return, Pro forma, Gross Rent Multiplier, and Debt Coverage ratio.

Budgeting $15,000 for insurance; I've been budgeting $250/unit/year when I do pro-formas on buildings of this size.

Here are some of my main assumptions on the 4 bed 2 bath: List Price $238,000 Tax $3,798 Estimate Repairs $10,000 After Repair Value $409,027 Down Payment % 20% Down Payment Amount $47,600 Loan Amount $190,400 Loan Interest Amount 4.00% Loan Length (yrs) 30 I've created my own analysis of the property:I'm having trouble determining how to calculate the Pro Forma Cap rate, the Purchase Cap rate, and the NOI.

One important thing that they mentioned is that the two people who form a partnership must have the same interest in a certain investing strategy, such as buying and holding or flipping, which I agree with 100%.

Hey SeanWhat does your pro forma show the NOI to be?

I should add regarding my advice that we are fairly conservative with our pro formas, but we are willing to take on riskier properties to grow aggressively.

Just fill it out and email it to escrow: http://www.ftb.ca.gov/forms/2011/11_593e.pdfSee my blog post about it: http://buildbankroll.com/2009/07/california-593e-tax-form/As a note, escrows job is not to verify the numbers are you are providing are correct, they will just hold whatever you tell them too.