I have owners right now that do not have properties on the market but I know if I bring them a buyer at a decent cap they would sell.

At face value, this looks like it could have a CAP rate of .27%.It is a 2 BR/1BA w/bonus room and central air.Let me know your thoughts/suggestions.Thanks.

I've also used the sold feature on Zillow and my county tax assessor website, both of which are free.Good luck.

Speaking to GRM, cash flow, cap rate etc. numbers look good and here's what I'm seeing from a quick snapshot: Using the numbers you provided and assuming you are putting 25% down and an assumed vacancy rate of 10% and I threw in about $800 yr for updates and repairs to play it safe I see this property kicking off about $385-$400 a month.

We are in a vacation town and airbnb apartments are doing well here) 2BR: $1200 (basement apartment. probably capped at $1200) 3BR: $1700 (potential for raising to $2000) Two 1BRs renting at $875 (we think rent could easily be $1000-$1100) Taxes $9300 (ughh, Vermont) Insurance $1600 (might be a little more since we'd be owner occupied and current owner is not) Heat $1878 (current owner pays heat- place has new windows and new insulation in basement apartment.

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

interesting point,  I bank with BOA because of the mobile apps and mobile check deposits bill pay Apple Pay etc....basically convenience of features.  

This doesn't include insurance, maintenance, cap ex, leasing, accounting, or any other expenses! 

purchase price 104000 down payment (5%) 5200 Loan Amount 98800 total cash out of pocket (closing&rehab) 17200   monthly rent 1100       prop tax 178.83 insurance 80 Mortgate Insurance 23.4 Mortgage $478.83 vacancy (8% of rent) 88 repairs (5% of rent) 55 capital expenditures (5% of rent) 55   Monthly Expenses $959.06   Cash Flow $140.94   Cap Rate 7.15% Cash-on-cash 9.83%

I always thought CAP rate was used to buy multi family?