People don't realize the problems that come with older properties and if you are hands off, it can be hard to make a go of it.Do you have a price range or any details on what you are looking for?

Is that an estimation or actual figure?

Too much detail in the initial stages doesn't get you anywhere.

1) That’s the basic relationship, Transaction Broker, 90 plus % of the time anyway. 2) make your contract, Including inspection dates, final financing and closing dates tied to the completion of roof, a passed Final Permit Inspection. 3) The commission is not detailed in your purchase contract.  

I'm working through the details though.

But, it will take them several hours, probably days, to get a good estimate together and it could be pricey.

Your plan seems far more detailed than mine and I wanted to ask you if you have any specific location you want to invest in (like greater Manchester or Birmingham) and reasons why ylu choIse thIs area, and if you have any advice on which tenants to live amongst.Thanks for your time, Henry

You can kind of extrapolate a cap rate based on this and it aint great. 3.5-6% would be my estimate based on how agreesively you model expenses.

This person is surely hiding important details they don’t want you to know .

So the numbers (so far) are:Purchase price: 62kARV: 105,000Buying costs: 961.00Rehab: 7-15kUnsure of what the holding costs will be until its rented but I'm estimating 4 months.Utilities: 650Taxes: 300Insurance: 500Interest: 2400So I'll be in it for about 70% ARV.Projected rent: 12000Costs: prop mgt: 1080Maint: 600Capex: 360Utilities: 0 (tenant pays)Vacancy: 1200Tax: 800 (this will go up in october but maybe only 300)Insurance:  still getting numbers but no more than 1200NOI: 6760Debt service will be accounted for after rehab and when I find a good refi option, but I figure I'll pay about 5.5pct and have lending costs (unsure of what those will be) associated with it.