So you take the home rent 800 per month or 9600 annually and then say it operates at a 50% expense ratio so 4500 NOI and then use a cap rate like 10% to put the value of that home and occupied space at 45,000 ( 4500 NOI divided by 10% cap rate).  

Account Closed, cash on cash return is a percentage return calculated by dividing the cash received by the cash invested.

The property is in a good family oriented neighborhood.I am still thinking how to divide the utilities/water/sewer bills etc in this case.

Bankruptcy can have a property divided, limit security interests and do a "cram down" reducing amounts owed, slim possibility, you can ask a BK attorney. 

Divide it by its expected life, and come up with a monthly amount to set aside for that expense.  

Take $2100 and divide by 11, is $190 per month. 

Divide and conquer.

How do I divide up the partnership and the numbers between us?

Having a big lot in Sherwood is so unusual - maybe its something you hold until development in Sherwood max's out and then you divide your lot? 

Originally posted by Account Closed:$300,000 value  divided by 8 = $37,500 per door.