I calculate your first year interest (20% down, 8% loan, 30 year amortization) at $82,886.

Of course I'll bet you'll want to check out the rest of their site as well.

How do I calculate "cash-on-cash"?

By my calculations, if you financed about $75K at 30 yr/6%, your payment would be about $450, leaving you about $100/month.

Hard money may be your best bet.

Your best bet is to strong arm the sellers about the money that you spent and try to force them to honor your agreement.A good friend of my once told me that if I wanted to be a bankrupcy attorney...make sure that I get paid up front.

That is what I understand about the calculation.As much of the capital can be taken out using debt then maybe the IRR calculation is not as useful.

You still need to do the normal due diligence and a cash flow analysis.Good Luck,MikeHey Mike,You calculate your cashflow before tax or after tax cash flow?

Depending on your location, networking with a realtor is your best bet.

Get the numbers and calculate the NOI.