Hi @Deep Patel, Brian hit the nail on the head in his response. 

The price will also vary for a house vs a condo or townhouse and will also vary depending on the utilities covered by the landlord vs what the tenant has to pay for.Lastly, there is often a cap on the individual voucher holder. 

@Jamison Worst I think @Bob Floss II hit the nail on the head.

@Brian Eastman nailed it for you Jeremy. 

TI on the inside is generally about 35 a foot for new builds.So it might look something like this.National tenants 3-top:Land: Own it zero costConstruction Exterior: 125 a foot X 10,000 foot = 1,250,000Construction Interior: 35 a foot X 10,0000 ( Starbucks can be 50 a foot sometimes) = 350,000Rents say conservatively 25 a foot national tenants X 10,000 = 250,000 NOIThere will be base rent plus cam reimbursements and then backing down of some cap on cam with leakage and market vacancy. 

As long as you haven't exceed the cap on personal mortgages and meet all of the banks underwriting criteria ( front and back DTI, appraisal, ect) they should make a loan. 

Ned I think you nailed it. 

It’s a little lean but a Townhome should be pretty easy to nail the exit value on because the comps are easier and there are less construction things to go wrong.  10k seems pretty low for selling costs.

Let's talk strategy, and nail down your steps to get there.

., if you can RUBS the building... then you get $7725 back (2100 water, 4500 gas, 500 garbage, 625 electric), and you are now at $8,725NCF per year... of course the RUBS costs as well.I would look at this deal more closely, and make sure you have your financing nailed down, along with a strategy for increasing the income of the building, as well as some worst case scenarios.Good Luck!