., the FTSE 100 is off 40%, the French CAC 40 is down 43%, and the German DAX 47%.

I actually have a CA C Corp that I can use as a management entity. 

When looking at a property be more concerned with the return on equity if you're doing rehab and the CAC for the rental rate.

I recently came across the following listing (https://www.trulia.com/p/nj/mo...) and wanted to get your initial thoughts / mindset on how you would potentially analyze this property as a potential investment.From a high level perspective, these are the variable factors that I considered when crunching the numbers:- Purchase Price: $500K- 20% down / 30 year mortgage~6% interest rate (conservative rate)- ~$9,500 / year in property taxes - agent mentioned you could potentially collect a total of $4K / month in rent (one unit is currently being rented as month to month while the other is vacant), but let's use ~$3,800 to be conservative- so ballpark estimate of my monthly mortgage will be ~$3,500 and if I'm conservatively estimating a total of ~$3,800 a month in rental income leaving me with a net ~$300 / month- therefore my CAC for the year ($300 / month x 12 = $3,600 / initial cash outlay of ~$112K ($100K down + ~$12K in closing costs) = 2.5%I know there are other things I didn't consider such as vacancy rate, maintenance, and whether I would use a property manager which would all drive the return even lower but a 2.5% return doesn't seem like a good investment.Am I thinking about this the right way?

I would look back at the comps that you are using to justify your $230k ARV estimate and see if they have FHA/CAC, that'll give you your answer.

P.S:                                                                                                                                                                     I just did a gut rehab in 21213 and I am lead free and done at $58,000 with new CAC.

Check your cac. 

I'm looking for at least $100 a month in cash flow and at least 8% CAC. 

Here is the informationProperty Type: Multifamily (2-4) units --- I am willing to look at commercial as well (small apartments)Area: Oceanside, CAC to B class propertiesWhat have you seen as far as average Cap Rate in this area?

I am getting about a 12% CAC return.Chris