The formula I use requires a rehab cost amount in order to effectively analyze the deal and make a fair offer.  

The chart of which question could be answered by which formula was hold.

The sellers had another "buyer" negotiating back and forth wasting time and I just paid them the number they wanted right away and locked it up within the hour because it was well under what I needed my number to be to fit my formula.

Remember to evaluate each property thoroughly using formulas that include CapEx, Maintenance, Property Management, and Vacancy as well.

I just need to use a quick and dirty formula for now in order to send out offers.My current formula: Gross scheduled Income (assuming we rehabbed the units and raised the rents) x 0.5 (operating expenses 50%) = NOI / Local cap rate = ARV I live in Boston where cap rates can be around 4-7%.

Is there another formula I should seek out?

They give you everything, all their forms, their formulas for deciding to buy, their management systems, the information on their own parks and how well they did on those and why, plus they'll review a park that you are considering purchasing and advise you on whether or not it's a good deal and why.

Hi All, has anyone devised or used an actual buyout formula for the sale of a partial partnership interest?

The formula is slightly different based on the Exit Strategy"     a - Flipping:  Sold Comps - Desired Profit - Projected Rehab - Misc Fees (closing costs, etc...) = MAX.

However, if the paint is less expensive, you are probably getting that discount from a lower quality material they used in the formula.