@Margot BaldwinAs mentioned earlier, you are leaving a lot of information out for people to make an informed decision.i am not even sure how people are already commenting that you are in a great position without knowing all the facts.If we are talking about retirement, at the very least, we would need information such as the living expenses that you plan to spend on a yearly basis(living, food, entertainment, gym, travel, etc).Rental income of $5,300 a month appears to be gross.

What we do is charge 10% gross rent for one property. 8% for 2-4 properties and from there the rate has a little more wiggle room if we'll be managing 5+ properties (these are SFH and 2-4).

If it appraised at $150K and you assumed a 30 yr mortgage at 5% APR, 70% LTV, and capex, vacancy, repairs, PM of 25% of gross rent (I made this % up for a quick analysis), you'd be at nearly a -$70/mo. loss.Monthly rent seems too low on a property valued that high.

@Todd Dexheimer, I was under the impression that you got taxed on what you grossed that year not what you netted.

You want to put $290k into a property that only grosses $1200/mo?

Well more than anything, I’d like to use the estimated gross rents to help qualify for the loans debt ratios ( that’s why non conventional) I’ve never had a Dti ratio looked at when flipping.

-unit 1 is 2 beds 1 bath rents for $1300/month-unit 2 is 1 bed 1 bath rents for $750/month-unit 3 is 1 bed 1 bath rents for $725/month-Gross opp income is $59,700 per year-taxes $11,840-3,527 SF-however there is also an autobody shop on the same tax deed that is currently rented -i dont know for how much or anything other than that, this is all the listing says, "Here is the 10% return you’ve been looking for!!

I keep it real simple: I take what it brings in gross monthly now, then take out debt, insurance and taxes... what am I then left with...

@Justin Wilson Are those percentages based on gross monthly rental income or net monthly income?

To be reasonable let's say your gross income would come in at around 3200.