In addition to the CAP and vacancy rates we would need to know the purchase price and yearly insurance cost to help you arrive at an accurate valuation.

I like to give people their own time to view the property but I do overlap the showing times by 15 minutes so I usually have the next person arriving as the prior person is leaving.

All legitimate business expenses are deducted from gross revenues to arrive at net income.  

Upon arrival, I pointed out a leak in the foundation and water damage and concrete falling apart that the home inspector missed.

I would give the agent a call, and before giving your offer of around 85k, speak on the issues that got you to arrive at your offer.

There have been recessions and bear markets.Yes, I would agree that the arrival of a flu pandemic on our shores was likely not the method by which the casual observer or even seasoned economists would have guessed as the trigger for our current economic situation.

Irate Lady is still going off as I pull away to make a speedy trip to the Trustees, arriving at 903am.

In the event of default you will have to petition the court to assign those leases and rent payments to you.

If it was your residence for 24 or the last 50 months you don't pay ANY TAXES on the gain up to $250K-single, $500K-married filing jointly.If it was investment property you take the sales price$185K, minus the cost$126K which equals$49K, minus any selling expenses like sales commission, legal fees title policy etc, etc to arrive at your NET PROFIT.

Many of the nice people who are members here arrived in a similar manner to the forums.