Pro-forma of .48 op exp/gross inc (way above market expense assumptions) to give cap ~6.7%4.

.), and you never do a 10 year pro-forma business plan which includes things like the above calculations, your mindset is not correlated towards the future possibilities of what might happen 10 year, 20 years or 30 years from now.This is the type of math I do because no other Math makes sense for an Investor like me, an Investor that has been Investing in Brooklyn for 2 Decades.If I did the normal financial math, like Cash on Cash Return.....

A pro-forma and a 10 min conversation is all I am looking to review. 

4-Could I see a Pro-forma?

Considering I do want to get into larger properties later on down the road I do feel I could improve on creating pro formas and running calculations!

I've merely changed a few numbers around and converted the Spreadsheet to a 17 year pro-Forma Business Plan:We made the assumption of a $1 Million Purchase, Investment of $200k, Appreciation Rate of 5% (very low for this Property, however), and kept all the formulas the same.We can see it's a profit of $1.497 Million but it's only a 749% Total Return in 18 years for a simple Rate of 42% Annualized and a RoR of 13%.

Would be nice if we can form a 8+ group or so.

This is a 6 unit, 18 bedroom building that is over 6000 square feet that we will be re positioning.If interested, pro formas are available upon request and specific details/strategy on each property can be sent.

Anita Ahuja Sketch out some pro-formas on real properties.

Form a solid team and a back up player for each key team member: Property manager, contractors, insurance agent, attorney, accountant, Real estate broker, lender3.