Some owners pool a lot of assets under a large policy, so their premium may be much lower than yours, or vice versa.Additionally, with the supply/demand dynamics favoring sellers currently, you will see properties selling for what they can generate, not what they are generating.  

Offer Options:Offer 1:$60k Cash purchaseFlood insurability contingencyContingent acceptable results of roof inspection at buyer's costClose in 30 daysOffer 2:$90k purchase$10k down $80k + buyers closing costs in seller finance at 5% 20 year terms with 10 year balloon No prepay penalty (~$545/month)Flood insurability contingencyContingent acceptable results of roof inspection at buyer's costClose in 30 daysOffer 3:$90k purchaseContingent on 80% personal loan (i.e. appraisal)Inspection contingencyFlood insurability contingencyContingent acceptable results of roof inspection at buyer's costClose in 60 daysMonthly Cash Flow AnalysisScheduled Rent2,100.00Laundry (Est)0.00Other0.00Vacancy %(168.00)8%Vacancy LossTotal Income1,932.00Accounting(25.00)Legal(20.83)AdvertisingBusiness ExpensesElectricityEviction (20.83)2 unitsGarbage (64.71)Gas/fuelGroundskeepingCurrently tenantsInsurance (dwelling)(33.00)Turnover Cost(187.50)1 turnover/ year at $1500Insurance (liability)0.00Flood Insurance(166.67)Licenses(18.33)Management(42.67)6% + 1 turnoverOffice Supplies and postage(10.00)Pest ControlPool UpkeepProperty Taxes(244.33)Repair and Maintenance + Cap Ex(225.00)-2700Snow RemovalHOA FeesTelephoneWater and Sewer(95.83)Cash Investment48,000.0020%Property Purchase Price90,000.00Total Financed69,300.0080k to seller loanLoan 1 DescpriptionPersonal LoanLoan AmountCash DownInterest Rate3.50%Points0.00%Points Cost$0.00Closing Costs-$2,700.003.00%TermAverage Monthly Interest in first yearMonthly Payment-$402.00No escrow included.Total Monthly Expenses-$1,556.71Cash Flow$375.29Cash on Cash9.38%Cap Rate25.76%

Demand is outstripping supply substantially.

Dubai Real Estate Market can now be defined by two things: dropping prices and an over supply of real estate. 

If you need to replace roofs, plaster, supply and drain plumbing or electrical panels, look out.. it will take longer than usually expected.

    * The demand for investment properties far outstrips the supply in most markets, so most agents will take the "nobody got no time for that" approach if you ask too many questions :) I have a couple of agents that I work with regularly and they go the extra mile for me.

Expect prices to continue to rise in the months ahead towards the 2% - 3% annual pace of inflation that was in effect before the Coronavirus wreaked havoc on global economies.

There is still a lot more demand than supply. 

This year the conforming loans jumped from 484,350 to 510,400 and FHA loans are 331,760 here in AZ.Inventory levels are still low and under 1 month supply for entry level homes under 330k.

Agents should be supplying you a signed PEAD form whenever they are bringing buyers to your property.For an interesting perspective about PEAD (and other forms) from an attorney, check out this article https://hansonlawfirm.com/c-a-r-cya-new-coronavirus-forms/ (note I am not advocating anything the attorney is saying).Best of luck on the sale!