Property 1: 4/3 LTRCurrent Value: $475kPurchase Price: $363kDown payment: $40k (30 year conventional)Interest Rate: 2.75%Remaining Balance: $294kMortgage payment: $2369AVG revenue: $2775Property 2: Duplex - 3/2 House Airbnb & Detached studio apt 12mo leaseCurrent Value: hopefully within $575k-$600kPurchase Price: $591k (appraised at $599k)Down payment: $30k (30 year FHA)Interest Rate: 6.125%Remaining Balance: $552kMortgage payment: $5041 (including $362 PIM)AVG monthly utilities: $385 (full year avg)AVG monthly revenue: $5261 (full year avg airbnb + $1650/month from apt)

Prime -2%, 25 year term.Both require a 10% down payment. 

As I have just released I don't have much in the way of a down payment ($2000), and I am on a fixed income ($800/mo).

So let's try to break this down for you.In a nutshell, depreciation recapture happens when you sell an investment property for more than its adjusted basis (the original cost minus accumulated depreciation).

Cultivating relationships with architects, builders, and luxury real estate agents can unlock unparalleled opportunities in infill development, land subdivision, and tear-down projects.However, navigating this market requires a keen understanding of land valuation.

May require permtis and consultants depending on the scope $70-$100 per sq ftStuds out/Addition: This involves taking the existing house down to the framing.

Builder offered incentive we used for a 3-2-1 buy down.

I lived in Indy then moved back to the Bay Area (long story) so I knew the area, much more now down to a detailed level now.

Now I'm looking for a more generalized list to potentially add to my direct mail campaign down the road. 

There's a house like this down the street, busy all the time. 3 units of varying size on one residential lot.