If you bought for 500,000 you would pay tax on the 500 you bought less than what you sold but you would still shelter the tax on 200K.Your cpa should be able to tell you your tax liability including depreciation recapture state and federal cap gains based on a discussion with you that includes any capital expenses not yet on your returns.4) Do I have to buy another multi-use or could I buy say a 3 unit, a single house(s) and a getaway cabin with land for our use?  

I am definitely considering taking it and hitting the road... only problem is I will have to pay taxes at my rate on the income instead of cap gains... ouch.

ROI, cap rates, flips, price range, etc.  

.- Sometimes the pictures cannot be the same either- Stay away from all caps and a lot of punctuationHope this helps.  

hello I have been looking for awhile now and seem to be able to find properties that are only a 6-8% cap rate.

Typical numbers.. 10-12% cap rates on average.

Im guessing I would need the cap rate and monthly rents/expenses correct?

Purchase Price:$78,000.00Purchase Closing Costs:$1,500.00Estimated Repairs:$10,000.00Total Project Cost:$89,500.00After Repair Value:$90,000.00Down Payment:$5,250.00Loan Amount:$72,750.00Amortized Over:30 yearsLoan Interest Rate:4.00%Monthly P&I: $347.32Total Cash NeededBy Borrower:$16,750.00Monthly Income: $1,300.00Monthly Expenses: $1,011.15Monthly Cashflow: $288.85Pro Forma Cap Rate: 8.53%NOI: $7,634.00Total Cash Needed: $16,750.00Cash on Cash ROI: 20.69%Purchase Cap Rate: 9.79%Total operating expenses: $663.83Mortgage expenses: $347.32Vacancy:$78.00Repairs :$130.00CapEx:$130.00Insurance:$100.00Management:$130.00P&I:$347.32Property Taxes:$95.83Income-Expense Ratio (2% Rule): 1.45%Total Initial Equity: $17,250.00Typical Cap Rate: 8.00%Gross Rent Multiplier: 5.00Debt Coverage Ratio: 1.83%ARV based on Cap Rate: $95,425.00Income-Expense Ratio (2% Rule): 1.45%Total Initial Equity: $17,250.00Typical Cap Rate: 8.00%Gross Rent Multiplier: 5.00Debt Coverage Ratio: 1.83%ARV based on Cap Rate: $95,425.00

You then take the NOI and apply a cap rate which gives you a value you would be willing to pay.

I might end up with $730k after cap gains if I just walk away.So very fed up with the banks.Bob VVenice CA