Total Insurance Estimate $ 262.50 Current rent $ 800.00 $ 9,600.00 $ 10.40       $ 21.88 Less: vacancy allowance - 10% $ 40.00 $ 480.00         Net Rental Income $ 760.00 $ 9,120.00   Property Taxes 2.5264% $ 505.28 Plus: Other Income $ - $ -         Total Income $ 760.00 $ 9,120.00 $ 9.88                 EXPENSES         Property Management $ - $ -         Repairs & Maintenance $ 100.00 $ 1,200.00         HOA $ 250.00 $ 3,000.00         Advertising & Legal         Insurance $ 167.00 $ 2,004.00 $ 2.17         Total Expenses $ 517.00 $ 6,204.00 $ 6.72                 Net Operating Income (NOI) $ 243.00 $ 2,916.00                 Less Debt Service (PI) $155.06 $ 1,860.72 $ 2.02         Less Property Taxes $ 42.11 $ -                 Net Cashflow $ 45.83 $ 1,055.28                 Operating Expense Ratio 68.0% (Total Expenses/Total Income)               MORTGAGE INFO         Total Loan Amount $ 20,000         Type of Loan Seller Financed         Term (Months) 240         Interest Rate .07         Down Payment $ 2,000 10.00%         Monthly Payment (PITI) $155.06                 Purchase Price $ 75,000         Closing costs $ 3,000         Rehab $ 7,000         Total initial investment $ 85,000                 LTV 27% Loan Amount/Purchase Price         Cap Rate 4% Annual NOI/Price         Cash-on-Cash Return 146% Annual before-tax cash flow (i.e., NOI)/Down payment    

I would invest in Multi-family on my own and invest in a syndication as well.

When using the BRRRR method is it possible to refinance a multi unit(4) at 80% in the stockton ca area?

Anyone have a good connection for commercial real estate (specifically large multi-family)in Atlanta?

Since I'm just starting out should I even THINK about looking out of state for a multi-family and hire a property manager? 

Multi family/Condo conversion experience is an extra plus.

I’m looking to build a strong portfolio of Multi Families in and neighboring suburbs of Cleveland.

Hi, just wanted to send out a note to let the community know I am looking to get involved with multi-family investing. 

I'm now thinking about taking the next step and moving into multi-family.  

I'd love to get into multi-family, starting small at first and moving into larger properties.