Under ideal circumstances they will undoubtedly be a big improvement over last-minute changes to a HUD-1 and to mortgage documents at the closing table.But there’s a catch – when certain changes to closing documents become necessary after August 1, 2015 another 3-day waiting period kicks-in.Closings that drag on for several hours are one thing, but closings delayed by 3 days, and possibly another 3 days, and yet another 3 days… that’s another thing entirely.Delayed closings invariably lead to more calculation and documentation changes, which lead to more delayed closings, etc.To understand how the new law changes the buying and selling of real estate all over America, take a look at the new disclosure forms.

Things like back taxes, title encumbrances, insurance issues, etc, etc are all things to consider, so make sure you have the time, capital and resources in place if you decide to move forward and make sure you figure all this into your calculations when analyzing the property.

Literally: Calculate the cost of building a garage and tell the seller that you need to offer at least that amount less based on this deficiency in the property's value. 

Unless I am calculating this wrong: $1,600*.5 = $800 effective gross revenue. 800 - 280-100=$420. 

The older generations did not have computers, cell phones, financial calculators, ...etc, but they had a lot of common practical sense and deeper understanding of life matters.

Before finalizing, visit the and try the investment calculations and deal analysis forums locate under the Analyze tab.

I forgot to note that the Principal and interest calculation also included PMI.

If the rules apply to your investment arena.Use the BP Calculators to see if you can actually cash flow based on the actual expenses of the property.

I hold my RE outside of my 401K, and have the full 27.5 years of depreciation to help shield my taxable income.

Sorry I didnt mean to included capex in calculating NOI but rather a negative or close to negative cashflow after debit service even with all 3 units rented out