Why buy a house and add on instead of just buying a house that's the right size?

Judging from other advertisements from houses this size and calling some property management companies I don't think it would be a problem getting 750 maybe 800.

Purchase: $250,000 Cash to close: $48,750 (15% down at 5%, owner financing) Monthly Rent (one commercial space, one residential home, one studio-sized residence, 1 garage): $5000 Monthly: Tax: 1666 Insurance: 250 Vacancy (10%): 500 Repairs (5%): 250 TOTAL: $2666 NOI (5000-2666): 2334 Mortgage: 1141 Total Cashflow: $1193 CAP rate: 5.7% Cash on Cash: 29% I can also put my own business in the commercial space for $2500 of that $5000, which would raise the occupancy rate slightly.

Something to consider, however is that 1) We have about 350 units in about 13 different properties (so a medium sized business) and 2) My background is a computer programmer/database developer for 18 years, so I have higher expectations than most in any given software.That being said, here is my list:1) Their reporting is very weak.

It appears you can set up your own Chart of Accounts and designate project codes / entity filters.  

Will have all new windows & doors, commercial flooring, peaked roof, int. done very tastefully, exterior fixed up and new street-side wall installed in place of wooden sliding garage door.It's a tidy studio size for students, local workers, etc.

Maplewood/South Orange's real estate took off years after and I personally think a similar effect will take place however not on the same scale because of the smaller lot sizes, etc.Prism Capital purchased the old GE building and has made heavy investment into the property.

What's a fair price for a queen size mattress these days?

I would guess that unless you buy really good you will have to be into something about that size to get that kind of cash flow.

I can live with $525/water paid but not sure that's the right price because of the size.