Monthly Income:      Monthly Expenses:       Monthly Cash Flow:      Pro Forma Cap Rate:$1,550.00                     $2,248.06                       -$698.06                            2.35%     NOI                   Total Cash Needed      Cash on Cash ROI            Purchase Cap Rate$8,124.00                     $20,349.00                      -41.17%                            2.35%======Financial Projections========     Total Initial Equity: -$334,650.00     Gross Rent Multiplier: 18.55      Income-Expense Ratio (2% Rule): 0.44%     Typical Cap Rate: 2.35%      Debt Coverage Ratio: 0.49     ARV based on Cap Rate: $345,000.00=======50% Rule Cash Flow Estimates=======     Total Monthly Income: $1,550.00     x50% for Expenses: $775.00     Monthly Payment/Interest Payment: $1,375.06     Total Monthly Cash Flow using 50% Rule: -$600.06========Analysis Over Time==========Annual Growth Assumptions    3%                   2%                3.4%Expenses         Income       Property Value_______________________________________                                        Year 5Total Annual Income        $20,536Total Annual Expenses      $28,645Total Annual Cashflow      -$8,109Cash on Cash ROI             -39.85%Property Value                 $407,776Equity                              $111,347Loan Balance                   $296,429Total Profit if Sold            $49,939Annualized Total Return       28%

Is a deal typically not worth doing if you can't get an appraisal / refinancing goal to completely pay back your out of pocket cash and initial loan?

Im not going to beat myself up about it, I give myself credit for at least  taking the leap.these are the numbers19k for initial purchase10k on new roof and patiosmaybe 6k inside with laborarv 65-70kim torn between holding or flipping...we are about 85% done I've owned about 6 months

Being more active here and in a few fb groups I've joined is pretty much my strategy to initiate those relationship. thanks again for response!

The personal money for the initial down payment is considered 'capital'.

Currently, I’m finalizing preparation of the 2 spare bedrooms for medium-term, month-to-month rentals specifically for traveling professionals. 2020 Update: The tenant that was initially placed, did not work out, after 2 months, the tenant moved out in Jan. 2020.

Currently, I’m finalizing preparation of the 2 spare bedrooms for medium-term, month-to-month rentals specifically for traveling professionals. 2020 Update: The tenant that was initially placed, did not work out, after 2 months, the tenant moved out in Jan. 2020.

I'd recommend a rent ready property initially when investing at a distance.

Our biggest investing mistake so far was trying to do everything ourselves initially.

Finally, in October, we had all three leased up and refinanced ($50k of initial $200k capital retained as equity).Deal #'s: $398k purchase price, 20% down conventional loan, $120k renovation costs ($33/SF), gross rents $6000 / mo2021: With my 12 month sabbatical coming to an end, I said f*** it, decided to pursue RE full time, and submitted my formal resignation.