If we had the homes to sell I’d guess we’d be at the top end of the annual sales range. 

then jump on www.annualcreditreport.com and check out why your credit is bad. you can dispute many and all things found on your credit report. the more you dispute and get removed, the better your credit score will be. on annual credit report. com, you can get a free copy of your credit report from all 3 credit reporting companies. on creditkarma.com, you can get your free credit score. now, as for the cash part, just how little cash are we talking?

As a borrower, my preference is interest only with a final balloon or with an annual principal paydown schedule.

And assuming you do itemized deductions and take the interest cost tax break, you are looking at 3-5% or so in actual cost of interest for your home loan.If you can't make at least double to triple that (10-15%) in annualized returns on your real estate holdings, then you need to not be investing in real estate.

Cash on Cash annual return = negative $23042.

For additional info, the crime maps show that there was a murder right across the street in May…So all that aside, here are the #s:Asking Price: $110,000 (dropped from $125K)Offering Price: $90K (based on lack of garage, seller’s expediency, past murder, vacancies and upcoming winter, as well as what I can afford to pay per month)Rent: $950 (once rented); Annual = $10,830 (5% vacancy)Operating Expenses:Water/Garbage - $1380Gas - $106 (altogether; split between two units)Electric (separate meters)Insurance - $1500Property Tax - $1,666Repairs (if needed) - $1600=$6252NOI:=$1998 AnnuallyDebt Service:$7104Cash Flow:-$5106 or -$425.50 a monthAs owner-occupant:$592 – MORTGAGEUtilities – $375$6 + $150 + $139 + $86 + $50 (electric; estimated)$1017 a month…doesn’t include repairsPROPERTY #2The second property is different.

Understand that Yield and Return are based on Annual returns, %yield per year.

They're all quite expensive (pricing in spreadsheet) so I think the greatest FREE benefit from each is this:Mashvisor: Can see their estimated annual revenue for homes without payingAirDNA: Can see estimated occupancy by performance percentile by city (i.e. what an average home's occupancy is, what a top 25% home's occupancy is)Everbooked: Can see estimated occupancy by size of home, by month, by city (so pretty granular!)

If you were a company and this was an expansion project, you would take the additional future income of the project and convert it into a present value by discounting the future cash flows with a risk-appropriate discount rate (which should be your average equity returns).I did that and to simplify things, I assumed your equity returns are 10% and you will get the additional rent and savings on gas (I assumed $100 per month) for eternity.Your annual incremental cash flow is $22,800; (monthly: $1800 in additional rent + $100 in savings).Turning that into a present value, you divide the annual amount by the discount rate.

@Scott Wolf yes I shall be residing in one of the apartments, that rent was just the number I'm projecting for the future.