My rule of thumb when analyzing rentals is expenses will be 50% of revenue  and that is before any mortgage. 

Would love to have some advice and hear what some of you might do to get accurate numbers so that you are not surprised when you are analyzing a deal and making sure it cashflows. 

I analyzed deal after deal and as of this month, 1 year later, I own 16 doors in my own portfolio.

I've also been analyzing properties in Indianapolis to hopefully jump into my first REI.

View reportThe scenario is that we'd use our own cash for initial down payment and some reno... and then refi and hope to pull out equity to repay ourselves and get ready for the next deal. (The reno costs are a very...

I am extremely new to this world and trying to figure out how to analyze potential properties. 

We are looking to purchase a 2-3 acre lot in a popular year-round vacation area and possibly add 3-4 tiny homes on it and renting them to vacationers who are looking for something different and affordable.

Just off the top of my head - Mini-Splits are relatively new and just within the past couple of years have been growing in popularity.

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*This link comes directly from our calculators, based on information input by the member who posted.

Purchase price: $110,000 Cash invested: $37,000Investment 01After analyzing the property and the market I took the leap and purchased myself. 30% Down - 2.99% Rate - 15 year - Market Rental Rate - $1595 per monthCondo HOA Includes Trash, Water, Sewer, Outside Maintenance, Parking, Pool, ClubhouseMinimal repairs needed and immediate cashflow the days after closing.Next investment goals will be in Orlando, Florida & Puerto Rico.What made you interested in investing in this type of deal?