Financials: Purchase Price $112,500.00 Renovations $140,000.00 Total Investment $252,500.00 As A Flip: ARV $300,000.00 Closing Cost 7% Net Income at Sale $279,000.00 Total Profit $ 26,500 ROI 10% Annualized ROI 13% As A Rental: Rent Income Month $2,300.00 Yearly Rental Revenue $27,600.00 Yearly Expenses (35% Exp.

In the midst of the teacher walk-out, which we supported, we also received a pretty large tax benefit from selling a couple of properties and not having to pay Oklahoma capital gains.

Clients receive the amount on the pro forma provided .

The point you are missing is that they offer a transparent list of costs for their process and the bottomline for the seller from opendoor etc and do not offer the uneducated seller anything about the costs and bottomline they would received should they sell it traditionally.

Received checks from insurance for cash value in 2017.

He received a monthly discount on rent to take care of this.

Here's an example of how the math usually works when I look at it...http://www.loopnet.com/Listing/3121-3205-Orange-Ce...Purchase price = $2,480,000NOI before debt service (derived from 7.6% cap rate) = $188,480If 80% of purchase is financed over 30 years at 5%, that is $127,807.68 in annual mortgage payments.This leaves $60,672.32 in profit every year, until Year 31 when the mortgage is paid off.This is a down payment of $496,000 that you wouldn't see back until over 8 years.

You say he cleaned it well enough to receive a portion of his security deposit back?

Cancel before the annual fee is due.   

I have reached out to some members that I found via the search feature but haven't received many replys.