NOI is projected $72,140, asking price $499K.Building is rented by a federal government organization since 2009.How do I estimate the cap rate a lender would cash out this property at?

Hi, how do you estimate maintenance and cap ex for a new condo conversion vs. an older building in a high cost of living area (mo rent/purchase ratio of 0.4%-0.5%)?

.- Personal Credit Card (11% APR and get airline miles with use, current zero balance and max is close to estimate of funds needed for project)- Conventional Rehab Loan - Lender I've used in the past has current 144-mo @5.74 which is also the lowest payment option-Hard Money - Higher rate and upfront cost, but might be good to start making those connections and building relationshipsAnything else I should consider?

What about estimated income taxes sourced from rental income? 

Been looking at properties in a few different cities and could use a solid rent estimator tool.  

I had a previous estimate that was about 16k to fix the home.

I found a website that estimates about 9% - 10% for the scope of my project, which means I could spend $20,000 for drawings on a $200,000 project.Anyone? 

Def something you should get a few estimates on.  

Caroline, the selling gave me the repair estimate.

In addition, I have compared similar comps to estimate the ARV and I am also working very closing with my refinance lender.