Net income = $39,240Monthly operating expenses are as follows: Trash - $33, Landscaping/yard - $66, Electric - tenants pay, Water - $95, Maintenance $87Monthly taxes about 3KSo, gross expenses are at $41,064If I'm doing the calculations correctly, my net operating income is -$21,888 and cap rate is -3.4%.Obviously the current numbers look terrible for this investment, but I feel like the rent should be raised significantly based on comps (above 2K each unit). 

I’m based outside Houston, I bring over 14 years of managerial experience in chemical manufacturing to the table.

-Purchase price = 88,500-Amount currently owed = 70,340-ARV =$145,000 (NOTE - we have not gotten a formal appraisal, basing this off comps in the area)-Lease= Signed 12m lease at $1125-Current Monthly Mortgage = $617-Credit score = 792-City = Greer SC

Hello Faiz,If the property is paid off and it is rented out, I might recommend a DSCR loan as it is based off of the asset itself and most DSCR lenders do not need W2/Tax Returns.

Join local meetups, read books, listen to podcasts, find a mentor once you have a base level of knowledge.

This was based on our continuing commercial relationship with this institution.  

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Based on that definition, the answer will always be "yes". 

I would love to touch base with someone on strategies on how to monetize these leads.

What you have to remember about Awning and other estimate sites is that they are pulling averages based on a specific criteria, whereas they cannot differentiate the decor, neighborhood, distance to various attractions etc.