Is that an accurate analysis?

At least I know that my thoughts on WHY this is happening might be accurate.

Just come through with the accurate story to ALL theparties involved.

Given the numbers you've provided, I'm not sure it's a very good deal:- If your rental income numbers were accurate and you had a 50% expense ratio, your NOI would be $2100.- If you put 20% down, a 30-year fixed loan at 6.5% would put your debt service at $1820.- So, your cash flow would be about $280/month, or about $3360.While this meets the $100 per door requirement and nets you some cash at the end of the year, here are some things to think about:- Your cash-on-cash return is only 4.2%.

Actually, (hang on, let me get my asbestos suit on) the single most accurate person in media, as determined by an external opinion-audit, is Rush Limbaugh.

I'm just wondering how accurate they might be compared to MLS.

But, don't assume your price is accurate for the market just because a bunch of realtors told you it was (while Mike sounds like a good example of an intelligent and highly experienced real estate agent, unfortunately, 95% of rest of the agents out there are just the opposite).

You MUST ACCURATELY know the costs associated with rehabing the property and the comparables before taking on a project. 2.)

we are always a year behind and can not accurately 'predict' what taxes will BE,, therefore when taxes go up it makes a payment go up double.

Carlton- mostly accurate.