I am gathering info for a project in SJ.

I started 12 years ago and am approaching 60 units this year and we are managing close to 600.You need to figure out how to create an accurate pro forma for each potential investment as well.  

Especially if I want to close on a deal, I feel I dont have the time or ability to walk through a whole plan and pricing with a construction consultant to give me accurate numbers simply from an mls posting how does a beginner like me know:if the contractor is doing a good job?

Closing cost-suggest you contact title company getting more accurate #.You are the gardener? 

Family, industry knowledge, contacts, ins with whatever minority communities gather in that city...2.

Rerun the numbers, make sure they are accurate.

Estimated monthly mortage/insurance/tax + loan payment would hover around $3500, not including utilities.Since we have lived in 3 ADU's in the past as tenants, we've accurately estimated that our proposed 1 bed 1 bath with fenced-off yard and pergola, ADU could rent for $1700/mo easily, with the tenant paying their own utilities.Our budget is no more than $475K, including money earmarked to repair main house (because honestly, we won't be getting anything pretty in San Fernando Valley at this price range) and construction loan for the ADU. 

(Warning, here comes the crystal ball.)Las Vegas Growth For the Near FutureBefore I continue, understand that no one can accurately predict the future.

Purchase 111,000.00Mortgage 104,000.00 6% interest 30year2%vacancy1800 annual cap exbased on your mortgage/taxes/insurance and what the rent is I determined your annual cash flow would be about $3,232that would be a 10% cap rate and your cashflow / initial investment would be 46%.again it is hard to get some of these numbers accurately without all the information. based on the numbers you have given me I would say this is a pretty good deal. 

Is this completely accurate?