, so familiarity with the market was a factor for us in getting properties there.

I think it depends on you personally and your market and probably other factors. 

These factors are combined to help find the best match for your search.

Hi,Does anyone know for certain if the BP BRRRR calculator factors in the tax benefit?

There are usually a number of factors that can play into when you should list your property; ie. location matters, as some states or cities have in recent years put in place laws which dictate that you must accept the first qualified tenant that you find, whereas in other states/cities you might have more flexibility.

For your smaller deals (less than 30 units) using a 10% vacancy/collection loss factor and a 55% expense ratio is a pretty good place to start the analysis (might be a little conservative from a V&C standpoint).

Do you factor in the 1% rule for initial asking price or for the ARV amount to predict cash flow?

Regardless, there are numerous factors that would affect a correct answer to your question. 

Make sure to factor in floor insurance if you buy on east side of grand parkway.

@AP Horvath cap rate is going to have quite a degree of variance depending on multiple factors, 3 primary variables being:Asset class type (A, B, C, D)Property condition (turnkey vs value add)Location (especially with property taxes here)Again, it varies on the factors above and if you are calculating your cap rate via purchase price model or projected price model.