Additionally, Allen county allows you to use the lesser of assessed values based on either the comparable sales, or the income approach.

So based on the price and with 25% down you need closing cost too.  

The strategy of wholesaling is appealing to me based on my current circumstances.

The covered parking area and patios should have adequate drainage to prevent water accumulation and potential damage.Investment ForecastPurchase Price: $849,900Total NOI over 10 years: $308,782.13Year 10 Value: $1,256,336 (based on a conservative 4% appreciation rate)Annualized return: 6.30%ConclusionWhile this property is poised for appreciation, sustaining it over several years for substantial returns would require substantial financial resources due to high debt servicing costs and negative annual Cash on Cash (CoC) returns.

Our current Occupancy for both Physical and Economic would have gone down, but the valuation would have gone up based on projected revenue stream.c. 

Im from Seattle as well and the main company is from San Fran so I had to plug my nose and still do business with a company based in that garbage town...

@James Daley  You'll need some 'skin in the game' on a deal like this. 

My two cents based on 120 transactions per year: I think you did pretty well.

Check in with @Joseph Chiofalo for lender questions, he's a condo guru based in SoFLA.

Of course i understand not everyone can just change dates like I can based on their job..