You're obviously in it for the long haul and your desire to maximize your returns and reposition your portfolio using 1031s is to be applauded as a very savvy strategy.  

Once that figure is established then one subtract following costs: 1.Sale Cost (Commission and escrow)2.Carrying cost (Loan cost)3.Fix up cost4.Desired Profit5.Purchase escrow costAfter one deducts all the above costs from the projected sale price one ends up with recommended purchase price.You can call me if you have any other questions.Good luck,George

Borrower’s experience in this type of development: Licensed real estate broker with an emphasis on commercial property and business development, We now the value of what a performing asset as these 6 desirable properties are and what they will do for the community and the residence within.

If you have no desire to be professional, stay in touch with regulatory matters, or understand ethical conduct in this industry, I have nothing for you.

How much money you have and your desire will do more for you and what you do.  

My leases autorenew unless one party notifies the other the desire to terminate within 60 days of the end of the lease.

That 8K drop in your NOI losing the basement rent drops your purchase price down over $200K based on your desired cap rate ...

If it is not in a desirable area, I mean Austin, Denver, West Coast towns, NYC and appreciation annual rate the next 5 years is <10% I will not hesitate to unload it.

Period.My only experience with a seller desiring to do this was she WAS a nut job.

Ok got it.. then not super desirable to the off the street investor you have something emotionally attached to it..