In your opinion, is an acceptable percentage of ground lease rent of the total gross revenue?

@Heyward Lovett, if it's the Seller who arranged those pro forma figures, I recommend taking a much closer look at both income and expenses figures, as well as the purchase costs and loan details.Firstly, I find it hard to believe that you'd get $18,000.00 monthly gross out of 5 units (only 1 of which has 3 bedrooms).

Personally, I use a management company for our cabins because first they are able to obtain considerably higher gross rents and  ADR's that would be feasible by self managing.

I make about $16m/year, he grosses about $70m (rental income).

Total population 1 Mile: 10,871 / 3 Mile: 82,115 / 5 Mile: 292,5896 Competitors within 1-3 Mile RadiusGross Income at current 76% Occupancy $3,818.24 Gross Income at standard 85% Occupancy $4,270.4035% Standard Expense $1,758.40PI Loan @ 8.25% 1,899.75 (20% down on 325K)Easy Storage Solutions Call Center $195Easy Storage Solutions Website $49Total Expenses: $3902.15 My NOI / Mo with the current rate and asking price would be -$83.91.

@Chase Romine yes, 50% of gross profit.

   3x 1650.  4950 a month gross income.

Emerald 30 Year Fixed Calculator Property Value/Purchase Price: Address, City, StateIO TermBorrower Track RecordBorrower Basis (if Refi, Purchase + Rehab Spent) Cash-Out (if Loan is greater than Basis) Borrower FICOAnnual TaxesAnnual Insurance Premium Monthly HOA DuesMonthly Gross Rental IncomeLoan Amount Starting Rate Non-LTV Adjustments Final RateMonthly Principal And Interest Total Monthly Expenses Monthly Cash FlowProperty Debt to Income$ 1,355,000 Fully Amortizing4$1,234,000 No720 $ 16,938 $ 4,743 $-$ 11,525$$ $60% 813,000.006.75% 0.000% 6.750%$778.32 949.15 500.8565.46%$$ $65% 880,750.007.25% 0.000% 7.250%$886.83 1,057.66 392.3472.94%$$ $70% 948,500.007.25% 0.000% 7.250%$955.05 1,125.88 324.1277.65%*properties owned or flipped in last 36 mothsBenefits:Close in 15 days or lessMinimal paperwork (application, lease agreement, corp docs, escrow docs) BPO with rental survey allowedAdjustments:- 0.50% added to the starting rate for borrower cash-out- 0.50% added to the starting rate if borrower / guarantor has no track rec - 0.25% added to the starting rate if borrower / guarantor FICO is between - 0.25% reduced from the starting rate if borrower / guarantor FICO is grea - 0.25% added if Property Debt-to-Income (PDTI) is between 80% and 90% - 0.25% reduced from the starting rate if Property Debt-to-Income (PDTI) is par pricing will provide a 5% bonus to commissionadd 0.5% to rate will provide a 10% bonus to commission$$ $75% 80% 1,016,250.00 $ 1,084,000.007.75% 8% 0.250% 0.250% 8.000% 8.250%$1,100.65 $1,202.03 1,271.48 $ 1,372.86 178.52 $ 77.14 87.69% 94.68%po tower / guarantor FICO is greater than or equal to 750

Whether you can utilize the losses or not, you have to look into your Modified Adjusted Gross Income(MAGI).MAGI will include gains and W-2 income along with other items.5) If our income did grow enough that we were over the 150K limit and those losses were 'carried forward' I *think* those would come into play when we sell the property?

. $4675 gross rent.