Made the gross closed in porch into a very attractive space.

Jul: Biggest month we had ever had, closed 28 deals for a total of $190,898.89 in gross profitThe total for the year was 183 deals and $1,315,795.40 in gross profits.

I make about $1800 gross monthly and save about $750 per month.

This may be different for different properties.b) We will consider combining up to three gross monthly incomes if it meets or exceeds 4x monthly rent amount.c) Deposits will be assessed based on the average FICO score of all adults.

On your post state: min. req. being: monthly declared gross income must be (what ever you want) X monthly rent smoke free and pet free property Send all additional info in an addendum; people will sign there life away without reading it.

You can use 50k as downpayment for it and finance the rest where the mortgage doesnt cost you more than 30% of the gross rental income after spending 20k on renovations and keep $30k for unforeseen expenses.

Determine your gross rental income from the property (how much will you earn in income each month).2. 

It was built in 1975.3bed / 2bath / 2car garage each side3,448 sq/ftI will show the numbers with me getting 2 roommates to live with me andI will show the numbers with just myself living in one side and doing some Airbnb (what I prefer)With roommates:$245k purchase price$10k repair budget$2,000/mo gross rentMonthly Income: $2,000Monthly Expenses: $1,807.15Monthly Cash Flow: $192.85Cash on Cash Return: 11.66%With no roommates:$245k purchase price$10k repair budget$1,200/mo gross rentMonthly Income: $1,200Monthly Expenses: $1,679.15Monthly Cash Flow: -$479.15Cash on Cash Return: -28.97%My question is, do you guys think I could Airbnb my side of the duplex to make up the other $479/month?

For a purchase mortgage of a new rental property, the math is gross rent @ 75% minus PITI.

I am selling a 3 unit historic property at about 5.5x gross in Springfield, Vt.