Utilities are estimated to be $100 per bedroom per month.

Annual rent ( Rent paid by current tenant and rent paid by myself while living in vacant unit) - Estimated Operating expenses (prop taxes, insurance, utilities not paid by tenants, R&M, etc) - Annual debt service on 1st mortgage loan - interest for the private party loan = what’s left over for investorThat’s the easy part.The exit value will be much tougher to estimate and will be dependent on where you think property prices will be at the time you plan on moving out.

You said you estimated $100-200k in rehab (where di that number come from?)

Even if you want to be on the money side of things, you will learn so much about estimating, the right way to do things, the places trades try to shortcut, rehab costs, etc. 

She has been sitting on the unit for over 200 days, paying an estimated $1k a month in HOA fees and other expenses. 

Now I understand roughly how much a property will cash flow when I use it in conjunction with rentometer.com, Zillow rent estimates and Craigslist.Building relationships is an extreme necessary in this tutorial.This is the most difficult if you’re afraid to talk to people, but something that MUST be overcome if you wish to be successful.  

SWAG'ing, lets say you did 1500 sqft units so 6000 sqft with a $200/sqft broad estimate for construction-only (probably too low with covid material pricing and usually for single family), that's $1.2M. 

This is important because although you can refinance prior to that period they would base the numbers on the original purchase price plus verifiable repairs as opposed to the new appraised value (Estimated ARV) which kind of defeats the purpose of using the BRRRR method. 

Do you trust that they made a proper executive decision to save you money and them time, by doing a smaller fix than originally estimated.

The monthly rental value by Zillow is $1311 a month; however I calculated a gross monthly estimate based on the three units that can be rented: 2 units 1bd 1ba and 1 unit 3 bd and 1 ba (according to the photographs)https://www.rentometer.com/ana... https://www.rentometer.com/ana...I appreciate any comments you would like to share about this property.