After Operating Expenses are deducted, we're looking at about $13K in NOI.Purchased for cash at the full asking price of $244,900, and assuming NO CapEx or renovations, that's about a 5.3% Cash-on-Cash return.What am I missing?

Can you message me I am looking for similar information and like to touch basis feel free to message me.

Purchase price: $175,000 Cash invested: $90,000This was one of the hardest renovations we have completed to date, the house was very neglected for over 30 years.

Plus, it's free for landlords and tenants have to pay for the screening service.

Live in it for two years as your primary residence and sell it tax free. 

Feel free to reach out if you need anything!

You need to check the Zoning Ordinance for more info).Feel free to reach out to me directly with the property address if you would like some more assistance in determining how many units you can have "By Right" on the lot which is a calculation based on Total Lot Area dependent on the zoning designation.

Podcasts like Bigger PocketsBooks like Rental Property Investing by Brandon Turner are great startersGet to some events and meetups to gather free info and meet folksLet me know if I can be resource for you! 

CASH IS KING.

As you age out most folks start to pay down debt and want their properties free and clear.