(And please don't take the seller's word on whether rent has come in or will come in.)Second, I'm strongly recommending that people discount any current rents by 10-15% when analyzing properties, and base their purchase prices accordingly (and as an investor, your purchase price should absolutely be based on income and expenses and not just what other similar properties have sold for).The reason for this is, rents have gone up and up and up for years, and sooner or later they were bound to start coming down again, just by virtue of the fact that there really isn't a lot of new economic activity or job growth in RI so there's bound to be a limit.

Regarding your questions, in my opinion, you should look at your HELOC as one of many funding sources  & for every deal you should analyze which funding source (cash, your HELOC, refinancing one of your other multifamilies,....) is the most effective to use.

NOI is not calculated in ROI.ROI = Annual cashflow Div by Initial Investment16,206.77 / 181,000.00 = .0895 x 100 = 8.95% Cash on Cash Return on Investment (ROI)Net operating income (NOI) is a calculation used to analyze the profitability of income-generating real estate investments.

I wanted to know if there is someone who I can speak about analyze this property?

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(Of course need to compare apples to apples in analyzing REITs vs physical buildings.)

@Jordan MurrellYes, but start analyzing deals and look for trends in different areas.

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This would be a house hack at worst case situation paying asking price, with an fha loan that is adding a very high cash on cash return. Entered all filled in rents that are currently filled. Should we have left one o...

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*This link comes directly from our calculators, based on information input by the member who posted.This just came on the market..Let me know what you all think!!