Download PDF Edit Report Discuss in Forums Other Actions $1,500.00 Monthly Income $786.67 Monthly Expenses $713.33 Monthly Cashflow 12.53% Pro Forma Cap $10,024.00 NOI $18,480.00 Total Cash Needed 46.32% Cash on Cash ROI 18.26% Purchase Cap Rate Expenses Income 50% Rule Total operating expenses: $664.67 Mortgage expenses: $122.00 Vacancy: $75.00 Repairs: $75.00 CapEx: $75.00 Insurance: $150.00 Management: $150.00 P&I: $122.00 Property Taxes: $139.67 $54,900 Purchase Price Purchase Closing Costs $2,500.00 Estimated Repairs $5,000.00 Total Project Cost $62,400.00 After Repair Value $80,000.00 Down Payment $10,980.00 Loan Amount $43,920.00 Loan Points $0.00 Amortized Over 30 years Loan Interest Rate Monthly P&I $122.00 Total Cash Needed $18,480.00

So, you would be obligated under that statute to timely return the appropriate security deposit amount and statement within 21 calendar days after the tenant has vacated the premises. 

I want to take as much of a write off this year as my wife and I have a fair amount of W-2 income and I'd love to somehow drop keep that below the 24% bracket instead of the 32% one (I think that's the number) that we are current in. 

As @Tom Gimer said, not unless the contract specifically stated the closing date would be extended, preferably for a set amount of time.

So, in the BP Calculators where do you input “partner payoff” or “hard money payoff” as I assume those $ amounts (% of the deal) could make a difference whether a “good or bad” deal?

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

They won't usually go over appraisal amount.

Buy another and another until you have enough equity to refinance one for large amount of cash.

July comes and I get the full amount.

Ive began to reflect on the year, while I haven't posted in a while, the one thing that has kept popping up most of the year, which is....The ungodly amount of phone calls that I receive on a daily basis.