Now the deal...Financing:Potential purchase $80,000 per Duplex $16,000 down (20%)$64,000 @ 5% = $345/modouble this since there are two Duplexes$690/mo debt service for both DuplexesIncome:$26,400/yrEach unit is rented for $550/moExpenses:Taxes ~$4,000, Insurance ~ $1,600Lawn care/snow removal ~ $2,400Maint. reserves ~ $2,400Factoring a 7% vacancy (7% is conservative for the area)NOI ~ $14,152Cash Flow: $5,872$14,152 - $8,280 (debt service) = $5,872ROI: 18%Cap Rate: 8.8%COC: 40%$14,152 / $35,200 (downpayment + closing cost) = 40%3.

It's a short form for emergency removal of deck and replacing it with another one on same footprint.

The mold was removed by me.

while @steve b. is removing his tongue from his cheek, there are a few different ways to look at sf/bay area in the long term. if you are looking for relevant metrics, it's pretty easy to do some modeling based on zillow's published research data -- it will let you get pretty granular so that you can compare zips in areas that might have similar urban/suburban growth disparities in recent years (esp nyc, la).

The owners insurance paid to remove the house and clear the lot.

FHA states graffiti on the house must be removed because it is a safety issue.

All the carpet and padding has been removed. 

that's a very good questionmy answer is many of the metric's folks use to decide what a good deal is and what is not, are very regionalized... whats a great metric in one market may not even be remotely possible in another.perfect example is the west coast buy and hold investor pulling their hair out trying to find a 2% deal.. and realizing they either don't exist or are so rare that you would be super lucky to find one.And those in other markets were the 2% rule props are on every block literally and they won't buy them unless they are at least that or much higher in some instances.So this puts investors in a paralysis mode not being able to buy ...

[LINK REMOVED]My wife, several contractors, and I have been rehabbing this house since June.

My recommendation is to remove the $55 application fee because you don't have any costs associated with a zillow application.