I'm looking at one that with the 50% rule cash flows $170/mo and using John's 40% it comes in at $320/mo.

.$1200 rent$600 expenses (50% rule of thumb)$600 NOI$499 P&I payment ($70K, 7%, 30 years)$101 cash flow.If you put in a down payment, your cash flow would be even better, though that's really just a return on your cash.Paying $130K for $1300 in rent would not be a good deal.

You can only hopeJungle rules would be fun.. :)

There are fees involved with a 1031 exchange and the savings probably doesn’t justify it.

Search for "50% rule" and you'll get an education on all the other expenses.First one:Rent: $1100Expenses: $550 (50% rule)NOI: $550/monthNOI: $6600Cap rate: 14.7% ($6600/$45,000)Not bad.

The mark to market rules force adjusting the accounting to recognize that.If you bought stocks on margin, these very same #(&(*)& companies would mark them to market EVERY DAY.

You're underestimating expenses (search for "50% rule") but its still good.If you want to do it with minimal out of pocket, use hard money.

You can also contact the Louisiana Real Estate Commission for information on the official rules, regulations and laws.

The rule is, if you accumulate 6 points on your landlord permit in the course of 3 years, you lose your ability to rent your property.

Hello all,I normally do single fam, so I wanted a quick hand with numbers on a deal I'm considering.Location and repairs aside, strictly by numbers, what do you guys make of this deal:Single house, 3 fam:- 2 bed/1 bath- 2 bed/1 bath- 2 bed/1 bath- 2 car garage- separate metersTotal rent is $2,500.Monthly taxes are $320What would be a good estimate for monthly expenses (50% rule??)