I drove to the house, explained the situation to the tenants, and emphasized that we needed to locate the leak.When the utility worker arrived, he wasn’t in the best mood.

Asking in the correct forum will get a better response.Need a spreadsheet or form?

Thanks Rob, I googled but couldn’t find the form in question.

Fun fact, we have the lowest unemployment rate in ant top 25 major city.

The mortgage I have in place has a waterfall prepayment penalty, so 5% penalty in the first year, 4% in the second year, 3%…and so forth.  

To calculate the cash-on-cash (CoC) return for the rehabbed unit, take the annual rental income from the newly rentable unit and divide it by the capital invested in the renovation.Formula:CoC Return = (Annual Rental Income) / (Rehab Cost)This will show you the return based solely on the funds you put into the rehab.

I'm guessing it's low in my case.

That guy suddenly owes $250k in taxes plus penalties and fees. 

Thanks in advance for all the great feedback!

Then you might see where you fall in the list.