Just an adjustment in values.

The typical numbers we rehabbers shoot for is 70% of market value less repairs, however, when your exit prices are below $100k, you often must make adjustments to that rule of thumb.

If that't the case, then that is what I would put.I would *not* subtract here for closing costs and commissions because (1) that was not part of the instructions and (2) the lender may very well do that for you behind the scenes, so you don't want to be double-whammied.I know when I was underwriting commercial loans, we would look at the "adjusted net worth" of the guarantor.

Adjustable Rate Mortgages3.

You have to look at the surrounding market and determine if your rent is on track, above or below market, and then adjust accordingly.

If you look at that data, adjusted for inflation, you will notice an interesting result.

Adjust as needed until it is leased.

Analysts always adjust the numbers when pricing securities so it seems like a waste of time to not just mark things to market using some independent third-party guideline of some sort.

The risk-adjusted returns for buy-and-holds are on par with fix-and-flips and many other (hard money, developing, etc.)

I may be very vital against myself on the numbers, but the numbers have been updated in the posted spreadsheet and look like: ROI16.0%Cap Rate10.0%Cash on Cash12.1%Debt Coverage Ratio1.82Expenses / Income Ratio54.6%My cash flow for 2 doors is: $2,570.96And that's with the following expected expenses:- Vacancy13%($1,872.00)Adjusted Income$12,528.00Operating ExpensesMonthlyAnnual- Property Management $120$1,440- Property Taxes$120$1,440- Property Insurance$80$960- Maintenance$1,500- Utilities: Water$100$1,200- Miscellaneous Expenses$300.00I think I'll learn a lot from my first deal, and I'm ready to write a long story about it AFTER I close.