So, here's the very simple analysis a lot of folks, me included, do to evaluate a property:Gross rent: $470Expense percent: 50%Expenses: $235NOI:$235Payment: $253 (7%, 30 years, $38,000)Cash flow: -$18 (loss)Now a more aggressive calculation is to use 40% for expenses, on the assumption you'll manage it yourself for free.

You have to calculate the cost of doing the refi also.

If you calculate these and the deal is still favorable, you may just want to eat it this time, assuming you have no other buyer waiting in the wings.

bet ya get farther faster with a broker than you will on your on

I had a friend yesterday try to make the point that the "bottom" can be calculated at when rents equal mortgage+tax+ins.

Your best bet if you are not using a realtor is to try to sell creatively by owner - contract for deed, lease purchase, then you might get more buyers who are not just in the conventional arena.

I know how to calculate the cap rate.If i want to know what is the fair value of the MFH:What cap rate should i take into concern in order to know if the property is undervalued?

By my calculations, the amount of property I can sustain will grow exponentially over time.

You're gonna get your bet advice on a question like this at your local landlord meeting.

Your calculation of cashflow at 45000 was $20 off ($400-$342=$58) and if you subtract the $50 for taxes you end up with $8 a month.