If you don't factor that cap ex budget in your cash-flow evaluation, then for the first 5 years it looks like you are doing GREAT and in year 5 you are doing TERRIBLE, but in reality its was business as usual all along. 

As a first-time homebuyer, that dream is about to become reality!

Work with Andrea Halsey of Dream reality which also is my wife which was a big advantage

OPM exists.By the way, anyone who uses a bank to buy properties is in reality using other people's money.Money is not created out of thin air.

DM me and I will show you how to scale into a large portfolio to make this a reality.

Wholesaling is basically all a loophole in reality.

@Chris SeveneyThe reality is, you can risk some of your equity when you have plenty, but you can't risk all of it and over-leverage.

Welcome to a little place I like to call REALITY.

Perhaps focus in on why you haven't been able to strike a deal to buy the preferred asset and strategize what must change to make that a reality. 

In your example, the ARR calculation suggests a positive return of 12.5%, but in reality, the investment suffered a loss of $50 over the two years.