(We are GC's, so estimating repairs (and managing contractors) will not be hard)5. (1) Efficiency | (1) 2 bed, 2 bath | (1) 2 bed, 1 bath | (2) 1 bed, 1 bath 6.

Good morning,Zillow, Redfin, trulia, and realtor.com each gave me a certain property value estimate for my property and all are near I’ve been told that these estimates are always far off and never accurate Is that usually the case?

Just curious is this a fair estimate?

I'm looking for a general rule-of-thumb for estimating the percentage of gross income used for paying for a management company to handle an STR. 

I was going to obtain estimates to get it fixed, but before I got to it, passed by the property and noticed the gutters are all straightened out.

The property itself has an ARV of 540k on a low estimate (last sale of this model was 667k, but since then our market has cooled down and the 540k is taking an average of sales over the year for a margin of error).We are looking to acquire the property at 315k, with 85k in necessary renovation. 

This has been approved by the council etc, and I now have a class C quote of around $300k for the new build, including 10k for the foundation work.I estimate I will be able to rent this two bedroom standalone for around $1800-$2000 per month.I need to write a business case to present to the bank to get financing and so I need to figure out ROI etc.This is in a very desirable town with 0% vacancy.Any advice on how to get the refinance and what to include in my proposal to the bank?

A better question for estimating the future property tax expense, does the county use this year's purchase price to re-set the assessed value, or does the value carry over from last year's county assessment?

What are the estimated rents that I can collect?

Happy to provide you with averages for vacancy, what I use for maintenance, taxes, insurance and can even send you some videos on how to best estimate rent rate here haha!