You're gross won't be $64.5k, but if your ARV is accurate and your repair costs are accurate, there is still money to be made on this deal.

I just don't know what rate to use.When considering for a rental the first number calculated is the gross rent multiplier.

If it's a mom and pop you want the lease no more than ideally 8% of gross sales and 12% is pushing it.

Front Door is open no lock box and wear your hazmat suit ...Just bought one this week in PDX were the house in in the city of Portlandia and the house is literally covered up in Blackberries will a little hole in the them leading to the front door. inside is gross..

Wait, You can buy a duplex for $109.5k that will gross $1420/mo and you think you'll only cash flow $200?

I just started renting it last year and grossed about 4500 in total rent.

Their combined monthly gross income will be almost 6x the monthly rent.

That rule of thumb says that 50% of the gross scheduled rents will go to vacancy, expenses, and capital.

Economic vacancy measures the difference between Gross Potential Rent; Number of Units X Market Rents X 12 Months and the Effective Rental Income which is what the property actually produced over the trailing twelve months.

Gross Annual Rent: $27,600Annual Expenses: $12,144Annual NOI: $15,456Annual Debt Service: $12,079 (25% down, 5%, interest rate, & 30 yr)That gives you a debt service coverage ratio of 1.28.