Hi @Paul HoRent Assumptions A: Annual Rent Revenue $18,600 (Monthly Rent $1550*12)B: Vacancy 10% 1860C: Effective Gross Income = A-B $16740Opex - 50% Rule D. $8370NOI = C-D = $16740 - $8370Total Debt Service = $7981 (Downpayment 10% Interest Rate 4% Term 30 years)Cumulative Cash Flow YR1 = NOI - Debt Service = 8370 -7981 = $389Cash on Cash Return 3.2%Cap Rate 8.4%DSCR 1.0Overall you will cash flow based on this deal.

I don't mean to be a d-bag So if that's how I'm coming across please give me some grace.

I had a vacancy in that area and I had a lot of applicants but most would grade out as C or D applicants.

These are some of the biggest wholesalers in D/FW, so they get the volume but there's  also lots of competition.  

Saying a Stanley D-21, 6 lite, three-oh, right saves the supplier time on the phone, you save them time they can save you money, instead of asking the price for a standard exterior door that open to the right that has some little windows in it.

You market the property only after you have a legal right to do so which is when you have a fully executed contract (Purchase Agreement).D.

Originally posted by @Darrell D.

Originally posted by Joshua D.

Hi @Kyle C.I´d agree with the gentlemen above.

I have little to no desire to be a wholesaler; but, I'd be interested in buying good fix and rents in the D/FW area, in the B/C categories, although for C properties my Spanish skills are sketchy at best.