View report
*This link comes directly from our calculators, based on information input by the member who posted.

First, analyze your personal home as a rental.

View report
*This link comes directly from our calculators, based on information input by the member who posted.

View report
*This link comes directly from our calculators, based on information input by the member who posted.

If you were to quickly analyze this park through the lens of selling all the homes to residents, it would look something like this:23 lots x $400/mo x 12 months = $110,400 (gross income)$110,400 x .6 = $66,240 (removes 40% for expenses)$66,240 / $1,300,000 = 5% cap rateOf course you still have the value of the 23 homes as well, so if you place a real world value (what you could really sell them for) on each home, you would take that out of the sales price before you calculate the cap rate. 

I liked the price of this one, so I sent it to my agent and he/we analyzed it to death.

Analyze the market your interested in with real numbers or projections by looking at ARV, expenses and rental income.

While they are great at a macro scale, I think it's really important to analyze each property independently. 

You would have to learn what a good deal is and how to analyze them.  

I’m currently attempting to analyze at least 1 property for 30 days… Does it matter where I search?