This is one of my favorite features of Bigger Pockets especially for asking specific questions.

with 30k per door to get a multi bought, fixed, and ready to rent and rents around $700, we see 15% cap rates easily after maintenance management vacancy pads.  

We are under contract for 7 blocks of quadruplexes.28 units Contract sales price=$1,575,000Appraised value=$1,700,000 (real appraisal done 01/16)NOI=$156,000Average cap for area =7%current average rents per unit $650Comparable rents=$750/unitThis is a value play rather than for immediate cash flow which is not particularly impressive as COC return is in the 3% range per bigger pockets rental calculator.What do you think?

Did your 2nd letter "Martin Grimes" really replied in all CAPS?

around here average places rent for $200 more a month with a 3rd bedroom, that's $2,400 a year and at 10 Cap that's an increase in value of $24,000 for 1 window, seems to be a good return?

New York is tough with their low cap rates. 

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

CAP Rate?

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

I have no clue how much this bill would be in your area)Trash $- Heat/Utilities $- HOA $- Cap Ex and Ops $200.00 (This the fund that will replace common hallway lightbulbs and the roof eventuallyInsurance $125.00 (assumption)Mgmt Fee $300.00 (10% of total rents.