So I'm really curious what math you did to arrive at a cap rate of 6.5?

Doug, Rules of thumb (you will need to work out the math project to project):  1.

https://www.curbed.com/2019/10/11/20909545/adus-development-california-real-estate-housing-shortageWhile this wont be a "tiny home" in the sense that it has its own parcel number and address, but you can build a little 1 bed 1 bath ADU in the backyard, if you have private access or something like it can very easily be rented out, detached garage conversions are actually even easier. of course do your homework, zoning, lot coverage, and setback laws in your neighborhood may prevent this to some extent but worth looking into for ca$h flow!

There are many investors who don't understand and can't do basic math.

The extra time to look for properties gives me time to relax and to do extensive property research, to sharpen my math skills for crunching numbers to compare.I like to move very slowly to make sure I am always making the best decisions to maximize my ROI.

@Javen HarrisI'm a high school math teacher with a finance concentration. 

That's $15,000 in inflation losses (math could be off, but you get the point).Personally, I enjoy the equity for additional lending and the goal of increasing cashflow (by refinancing or paying off completely).

(A minor math nit to pick: If total annual income is $1,400 and monthly expenses are $945.49, monthly cash flow would be the difference between these two, or $454.51, but what's a dollar among friends!)

Math isn't my best friend..lol..

Is my math and everything correct in this manner?