How do you arrive at the number?

The lease allowed 2 small dogs, however the inspector noticed 5 small dogs (chihuahuas) when he arrived for his annual inspection.

Once we (me, my agent, and home inspector) arrived at the property we noticed that the two rear doors had been damaged (the property was burglarized).

The BIG NAME nationals don't need your loan as another will arrive in 10 minutes.

RE is a science, not a game, not a series of steps, not a mechanical process, it is a science that includes the artful manipulation of applicable elements, rues and laws just as any other science is practiced or applied to arrive at a solution or end result.

Spring arrived, and the water bill starting going up dramatically. 

It had completely melted by the time they arrived and they said it could have caused a house fire.

Going forward, take pictures once the unit is ready for move in ... ie. a couple of days before your tenants arrive.  

@Ned CareyThere is also the key question of how the "cap rate" is arrived at, and the level of sophistication/experience of the target audience for your presentation.

It is an early morning ritual of hers, which conveniently ends prior to the boss arriving at 9am.