Math doesn’t lie!  

I would love to get a place in the mountains out west but it seems like it’s hard to make the math work that’s why my next vacation rental will most likely be in Gatlinburg area.

Hi guys, Not sure if this is the right forum, and I’m not amazing at math, but what’s the easiest way to figure out my ROI on a property I finished last month.

Do the math. :) These young folks are all just coming online as licensed, call it two weeks of OTJ training, then they're cold calling you to refi quoting the owner occ rate, never having been educated on the fact that rental properties w/ conventional (ie, non-FHA) have higher rates.

@Patrick Culleton you are not even doing half the math-just the payment!

The math simply does not work to allow for the property to be purchased, properly renovated with permits, holding costs covered and then sold with a profit margin.  

You have $575 left (2850-1682-249-104-240) by my math to pay for these and set aside money for maintenance, cap ex, and vacancy.

If you're targeting those 20-30 unit properties, surely you've looked at a few and done the math.

For example a self employed on-call veterinarian says they make $300k, the IRS taxes them on $75k, and mortgage math says they make $175k.

I am a little confused on how the math works out in my favor when putting less money down and getting PMI.