With one caveat - Your profit would be $43K but you'd also have to add back in depreciation recapture which is a hidden little gotcha that many times ain't small.

Or just go find a buyer and ask for a finders fee.

Vacancy - 8%, Repairs and Mait - 10%, Capital Expenditures - 8%, Mangement Fees - 10%Future Assumptions: Did not assume any appreciation over expenses, would be a nice plus but want the deal to be able to stand on its own without appreciation.Thanks!

Also - with this being my first investment property and first time working with a CPA, I have no idea what the typical fees are.

I contacted the company that owns all 4 tax liens and was told the pay off with interest would be 22k plus attorney fees.

Zip code 68104-Last years taxes = $1520-Purchase price and financed amount at 4.6% for 30 years = $120,000-Closing costs and funding fee (VA loan) = $9,200 paid out of pocket-Pretty much turn key property, minor repairs that I can do, less then $200 worth of work.

For tenants that have used window AC units I charge a fee, per AC unit, per month.  

Usually, these are accessed for a monthly or yearly fee.

In my experience the only way to make any money with a USDA property is to syndicate LIHTC funds and secure a developer's fee, as the rents rarely generate any significant ongoing cash flow.Kyle

A quiet title order will require 3 years of possession, and about $1,500 to $5,000 in legal fees and court costs.