With new management and cosmetic renovations, I have conservatively estimated the business could get a minimum of $2,500 - $3,000 per bed for a $30,000 - $36,000 gross monthly cash flow.

Purchase price: $9,000 Cash invested: $6,000 That's gross cashflow What made you interested in investing in this type of deal?

I see all these deals trading for around $100,000 with a gross of $1,000 -$1,500 and I have no idea how people make money saying they where to purchase with debt. 

I had a gross income of $1,600 monthly on that property. ($19,200 annually Net around $13,000) I bought the property for $35,000 and sold it 5 years later for $125,000.

I own some stuff like you just mentioned, rent wise (around 400-450 a unit) and I usually only buy it if I can get it somewhere in the 2-3 percent rule range.For example, in your example gross rent is 1900.

If it has, the lender will let you refi out of that mortgage and use the VA entitlement again.....this time for (most likely) a higher amount because now the veteran has 2 years of "landlording" experience so they will let the veteran count 75% of the Gross Income in addition to their regular W-2 Income and then they buy a triplex or 4 plex.....owner occupy the unit again for 12 months, etc. 

I must be missing somethingFinal Analysis After Adding Half Bath and Refinancing the PropertyExpected Rental Income: $1,200/moExpected Annual Gross Income: $14,400Monthly ExpensesTax $88Insurance $56HOA (Includes heat, water, common insurance, building maintenance) $263Repairs $50Total: $457/moTotal Annual Expenses: $5,484Expected Annual Net Income: $8,916Cap Rate: 6% (based on home price after refi)Principal & Interest after refi: $457/moCash Flow: $286/moThis deal is a moot point as the building is already over its rental cap, but I wonder if I'm getting close to an accurate picture of the BRRR process.

They are renting out 1 room, gross income $1300/month.

I have a rental on the market and I want to replace it with something that makes a gross rent multiplier of six or lower and also meets my other requirements.

2017 - 65 gross and 26 profit “together “2018- 110 gross and 50 profit “together “ Credit score:Me 741My wife 767  We have some debt in credit cards!