(I sold a unit that I purchased for 485k about 10 years ago for 1.7m and did a 1031 exchange and used a little on the second unit)  Total carrying costs of approx. $8450 a month. 

Mortgage, Taxes, Insurance, HOA: $3040.37Estimated rent: $2475Total Expenses: $3660.12Vacancy (5%): $123.75Repairs (5%): $123.75Capital Expenditures: $100Property Management (11%): $272.25Information when I bought the house in 2022, new constructions Purchase Price: $373000Purchase Closing costs: $4662Current home value: 400k-420kCash Flow: $2475-$3660.12= -$1185.12; -$71107.2 at 5 yearsCash on Cash Return on Investment (CoCROI): 0%Appretiation per year (6%); $535,290.23 at 5 yearsEquity: Loan value $345,089.53 at 5 years; $190,200.47 in equity at 5 yearsLoan Value today 6/2024: $368,201.59Total ROI in 5 years= (Total profit/Total Invested capital)/ Time (in years); Total profit: $190,200.47Total Invested: $71107.2 (neg cash flow) + $42757 (closing sale costs)= $113,864.20Total ROI (5 years)= ROI 67%, annualized ROI 10.8%My biggest concern is that I am relying solely on appreciation and assuming will appreciate at 6% per year. 

Feel free to inquire about their staff qualifications if it's a larger organization.2.

To clarify the property I sold I owned free and clear.

Please feel free to reach out if you have any further questions/just want to discuss!

Feel free to reach out if I can be of any assistance

Arbitrage is a risk free transaction to buy and sell at the same time and pocket the difference.

They're just peppered all over.Feel free to contact one of our Investment Counselors to get as many references and testimonials as you like.  

The total credit he is asking the seller for is 300K.

If you would like assistance navigating this, feel free to reach out.