Cap gains tax is 20%.Scenario 1 (no depreciation deduction taken)Rental Income for 10 years: (200*12*10) = $24,000.

Granted, we haven't gone through a down cycle since they started this, but I expect that if there is another downturn these houses may have a small advantage in a crowded market.I've been inside some of these units and besides the green features, they are very comfortable - lots of insulation means the temp doesn't swing up and down.

Adam, I'm accounting for all the side details like vacancy (10%), repairs (8), cap-x (8) and property management (8.5).

From the top floor you would also get a nice view of downtown, a feature very few properties in that neighborhood have.

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

The rows will be software, and the columns will be features.  

Once that has happened you can use the remaining balance of your 417k cap to purchase a second, again being required to live in it for a year and a day.Most people cannot separate what the VA requires of lenders, and what the lenders require.

Amazing deals don't have CAP rates of 1%.