I also take average rents for similar houses in that neighborhood, look at DOM and subtract about $50 to arrive at my rent price.- 100/month for repairs and maintenance- Equivalent to one month's rent for vacancy/turnover etc- Insurance costs + 10%- HOA costs + 10%- Taxes + 10%- Management fees of about 9% of gross rent (fee will decrease with more properties)and after all expenses - (rent x 12 - expenses/ cash invested) my goal is about 6.5%.

Also make sure you get it at a good price (learn how to arrive at a good price searching the forums here).

Possible issues, you tax basis is inflated, or can seen to be.I'm not basing a loan on an LTV with you walking out with cash or seller concessions.As a seller, I don't think so, we will have to arrive at a different price.Look to any "net listing" issues, your client is receiving a net amount.I suggest you terminate the listing and then deal for yourself, simply disclosing you are a licensee.As to the HUD-1, aren't you meaning a Good Faith Estimate of Settlement, (?)

Appraisers use what is called a GRM analysis to arrive at a value of income-producing building, which establishes a relationship between the Gross Revenue and Value by way of multiplying the gross revenue by an appropriate factor (GRM).

Tom, amounts in arrears will be shown to arrive at a current amortized amount due, you would add them.

I ordered two of turners books and waiting for those to arrive.

You can negotiate the final price w/ seller after the inspection report arrives.

@Amy O'Brien how did you arrive at 3% vacancy?

You could buy the house before you arrive (depending on your risk tolerance).

How do you arrive at the IRR?