But if there is high demand then I would just post your vacancy online and find the tenant yourself.

You need to make sure you use conservative assumptions with zero rent growth and higher vacancy, give yourself plenty of time, do not go hard on EMD and include Covid-19 clause. 

This is what the numbers look like.Property Value: $250,000Asking Price: $210,000Purchase Price: $205,000Down Payment and Fees: $16,500 or about 5%Monthly Payment: $1593/monthLoan type: Conventional Term: 30 yearInterest: 3.75%Rent: $2400/monthCash Flow: $800Cash on Cash (COC): 38%The COC Factors in 1 month vacancy and $2400 in yearly expenses.

Hi All,I am pretty new in the real estate industry and I have recently closed my first deal.I have noticed that I spent a lot of time during the deal evaluations between: - calculating the estimated rents- checking property taxes- neighborhood: vacancy rate, crime, eviction rate, etc- average property management fees- average repair costs- mortgage rates- condition of the property/repairs needed for rent readiness- etcI have a spreadsheet where I capture all the above in order to calculate the potential ROI (leveraged and not) but doing this for a lot of properties is pretty time consuming.Most of the information above can also be easily found online by various means and this information could potentially be ingested by online services.Does anyone know an online tool that would calculate estimated property ROIs with up to date/real information and potentially offer a property search based on ROI?

I have always seen good turnkey deals on paper, but in reality you deal with vacancies, lack of interest and therefore reducing rent to get someone in.

Vacancy may need to be adjusted-I'm using 15-20% right now.

Because I can fill 1,000 rentals with summer people but then they all leave in September/October and I'm stuck with vacancies and a lot of work to fill them.

Great school system/community- 2 buildings- 6 units in each building- 2 Bed 1 Bath units-1000 sq ft per unit, appliances included, washer/dryer hookups in each unit- built in 1998 so fairly knew-Rent Roll is low and will need to be raised- Currently at 590$ per unit - Very low vacancy rate in the 15 years the owner has had them- New roofs, Air conditioners-Building structure seems very good.- Another plus is that I own 16 units just down the street so the location for me is helpful.His initial asking price was 650k and now he is thinking he needs to be at 700k.

Construction will occur in three Phases.Phase 1 - ExteriorPhase 2 - Unit 1Phase 3 - Unit 2I anticipate 2-3 months total vacancy as I improve the units.

Option C: Vacancy