) - Gross Monthly Operating Income 427.50 - Monthly Operating Expenses Property Management Fees 10.00 Repairs and Maintenance 45.00 Real Estate Taxes 30.83 Rental Property Insurance 25.00 Homeowners/Property Association Fees Replacement Reserve 79.19 Utilities - Water and Sewer - Gas and Electricity - Garbage - Cable, Phone, Internet Pest Control Accounting and Legal Monthly Operating Expenses 190.02 - Net Operating Income (NOI) Total Annual Operating Income 5,130.00 - Total Annual Operating Expense 2,280.24 - Annual Net Operating Income 2,849.76 - Capitalization Rate and Valuation Desired Capitalization Rate 8.00% Property Valuation (Offer Price) 35,622.00 - Actual Purchase Price 15,000.00 Actual Capitalization Rate 19.00% - Loan Information Down Payment - Loan Amount 15,000.00 - Acquisition Costs and Loan Fees 2,000.00 Length of Mortgage (years) 20 20 Annual Interest Rate 4.250% Initial Investment 2,000.00 - Monthly Mortgage Payment (PI) 92.89 - Annual Interest 628.10 - Annual Principal 486.53 - Total Annual Debt Service 1,114.62 - Cash Flow and ROI Total Monthly Cash Flow (before taxes) 144.59 - Total Annual Cash Flow (before taxes) 1,735.14 - Cash on Cash Return (ROI) 86.76%

I have replaced a water heater, furnace, bathroom sink, gas range and I am having new doors installed.

What he is cautioning the reader is when financing is planned, then the above premise is no longer valid.

Fixture/faucet finishes (chrome, oil rubbed bronze, brushed Nickel, rubbed brass) Appliances (stainless, smudge free stainless, black, white)Lighting fixtures (recessed 3" 4" 6", ceiling fans, island drop lights, under cabinet lighting)Fireplaces (gas, wood, tile surround, stone suround, wood block mantle)Carpet stylesLandscapingEct...Post some pictures if you'd like of recent rehabs you have completed or are currently working on that you think appeal to the masses in your area. 

You've asked a really good question, and apologies in advance for the length, and perhaps some brutal honesty.Let me first preface my response to your question with this: I live in Houston, TX and have worked in Oil & Gas for the last decade - I have seen firsthand the budget and personnel cuts that are affecting Bakken and Eagleford, along with the corporate downsizing and restructuring that is creating pain for many over the last two years.This is a really risky strategy, based on hope and timing.  

Lifting Dropped Ceilings can cause damage, we shouldn't turn on any water systems/gas systems that are off because we have no prior knowledge of problems, gas can be turned off because of a pin hole puncture in the line, plumbing inside the wall leaking.  

She would then agree to pay for that tenant's water bill since the tenant was on the hook for the gas and electric used by the laundry room.

.- The gas has been turned on and is active.- The electric has been turned on and is active.- The furnace is on and the heat is cranking away.

Oil and gas is down and so are home sales and rentals.

when you say utilities do you mean electric, water, gas or otherwise?