I looked it up and it is a bit higher than average in the area. therefore I put down average rent $500. tax is $569 in 2017. 

Is the SBA 504 the right product for what I’m describing?

Wheatie,The number was the average rents for the last two years.

I then should be able to get a better picture.The average rent for the similar type of house from the Section 8 property listing is indicating $150 higher than my asking , and I’m aware of my asking is lower than the comparable non-Section 8 property by about that much as well.

Hey there,I just finished reading a book in which the author laid out his average buying, holding, and selling costs for his rehab/flips.

We have an average build out from start to finish of 6months.

Then I received a pamphlet pitching several training products, which of course are not cheap.

But know your networks and work them, but also know your inventory and product.

However, that being said, if the banks fall, so will the "average joe" who is either trying to buy a house or take out a loan.

So, I would think that 40% is a decent long term average between these two properties.In any case, I think the amount of your expenses will be dependant on the quality of tenants that your property attracts, the age of your property, and the number of units (the duplexes probably require a little less maintenance than say an 8 unit).What Mike is saying about 50% costs is probably a good rule of thumb for conservative cashflow estimates.