ROI, cap rates, flips, price range, etc.  

.- Sometimes the pictures cannot be the same either- Stay away from all caps and a lot of punctuationHope this helps.  

hello I have been looking for awhile now and seem to be able to find properties that are only a 6-8% cap rate.

Typical numbers.. 10-12% cap rates on average.

Im guessing I would need the cap rate and monthly rents/expenses correct?

Purchase Price:$78,000.00Purchase Closing Costs:$1,500.00Estimated Repairs:$10,000.00Total Project Cost:$89,500.00After Repair Value:$90,000.00Down Payment:$5,250.00Loan Amount:$72,750.00Amortized Over:30 yearsLoan Interest Rate:4.00%Monthly P&I: $347.32Total Cash NeededBy Borrower:$16,750.00Monthly Income: $1,300.00Monthly Expenses: $1,011.15Monthly Cashflow: $288.85Pro Forma Cap Rate: 8.53%NOI: $7,634.00Total Cash Needed: $16,750.00Cash on Cash ROI: 20.69%Purchase Cap Rate: 9.79%Total operating expenses: $663.83Mortgage expenses: $347.32Vacancy:$78.00Repairs :$130.00CapEx:$130.00Insurance:$100.00Management:$130.00P&I:$347.32Property Taxes:$95.83Income-Expense Ratio (2% Rule): 1.45%Total Initial Equity: $17,250.00Typical Cap Rate: 8.00%Gross Rent Multiplier: 5.00Debt Coverage Ratio: 1.83%ARV based on Cap Rate: $95,425.00Income-Expense Ratio (2% Rule): 1.45%Total Initial Equity: $17,250.00Typical Cap Rate: 8.00%Gross Rent Multiplier: 5.00Debt Coverage Ratio: 1.83%ARV based on Cap Rate: $95,425.00

You then take the NOI and apply a cap rate which gives you a value you would be willing to pay.

I might end up with $730k after cap gains if I just walk away.So very fed up with the banks.Bob VVenice CA

I might end up with $730k after cap gains if I just walk away.So very fed up with the banks.Bob BVenice CA

I might end up with $730k after cap gains if I just walk away.So very fed up with the banks.Bob BVenice CA