Once all 5 spaces are rented for an estimated $6000/mo total I want to refinance at a projected cap rate of 9%.

I have no idea how to estimate the rehab costs.

In a training program I did I was taught to estimate costs at 50% of gross income when analyzing the financials, but after looking through dozens of marketing packages I have only found 3 where reported expenses even approach 40% and most are around 30% or closer to 20% of the operating income.

I am becoming very frustrated with my investor as I continually send good flips her way with excel spreadsheets to back up repair estimates (we own a remodeling company so we are pretty good at figuring it out) as well as CMA's that back up my ARV because I am a licensed agent with access to the MLS. 

I use the 70% rule and estimate rehab to be about 30k which generates a MAO of about 120k.

Looks good considering your estimated repair costs seem really high to me for a 680 sqft home.

I'm estimating my future refinances at 6 and 6.5%, just to be safe, as I feel that's where they will be within a year

Hello Everyone,I'm a newbie to real estate investment, and am looking to "House Hack" a 3-4 multifamily by 2020. My target county is Hartford (Manchester, E.Hartford, Hartford New Britain). Can anyone offer insight to...

Real estate agent estimates rents could be $4800 total a month. 

So after 5ish years I have over 50% equity based on current estimated value.