: $12,500Interest Rate: 4.2%Years: 30Payment: $455Net Operating Income (and Cap Ex included because my pro forma sucks)Gross Rent: $1900 (Range is $1600 to $2000 for 3bed 2 bath, this is a 1 bath but it's in a pretty good area)Vacancy: $152 (8% - not a rental town)Net Rent: $1748Repairs: $125 (7.2%)Property Mngmt: $190 (10.9%)Property Taxes: $250 (14.3% and these are rising higher and higher each year)Insurance: $80 (4.6%)Legal & Accounting: $25 (1.4%)Other (Emergency, Capex, Etc.): $125 (7.2%)Monthly NOI = $953Cash FlowMonthly NOI: $953- Payment: $455Monthly Cash Flow: $498Annualized NumbersAnnunal NOI: $11,565Annual Debt Service: $5,457Annual Cash Flow: $5,979ReturnsCash On Cash: 8.02% (I'm looking for at least 8% so this is good)Cap Rate: 7.46% (Again looking for 8% but I'll take it)Please let me know what y'all think!

I'd rather take that 27k into the city and buy a 2 family for under 5k, rehab it within that $27000 budget and it would gross $1300mo with expenses of say $400mo for taxes/water/ins.

So the current tenant is on what's called a "Modified Gross" lease.

Anybody familiar with building 1500-2000 sf homes in Delaware in terms of cost per SF, average gross profit margins, and average net profits for the builders in Delaware?

I was considering getting a property manager when we move, but the property currently grosses about $3,275 and I am a little hesitant to pay someone 8%-10% of that just for collecting rent each month. 

view=Summary38760 (Gross rent) divided by 12 = 32303230/265000 = 1.2%  so its slightly better than 1%. and this is probably one of the best i've seen lately in my area (sherbrooke, quebec). 

Gross Rental income is $6,000 per month.I have invested $245,000 on down payments and rehab.Current market value is $900,000 of which $500,000 is leveraged.So the question is, do I stay the course by 5 more doors with another $245,000 down to total $4,000 per month.

Rent in Socal is ~5% cap rate, so $2100/month gross rent.I'm down $350k already, and I need to replenish the $350k. 

Do you mean the gross scheduled rents is $7980 or the net after expenses is $7980?

Basically I have the self-employed crux - I make around 100k a year GROSS but my NET is around 30k due to a business structure of planned expenses at the end of each year and that loss going straight to my personal return.