Rates are different throughout the year so take this into account or use an average.This will give you an estimated gross yearly income.The ratio is just how many days are booked vs 365 days in a year to give you a percentage.Check Vrbo calendars as well.

I wanted a PM with in-house ownership of employees.

.$300k purchase (conforming Condominium in Washington DC)both Ratios  under 25%All 3 credit scores over 800w-2 employee over 5 years same job20% down conventional loanover $200k in cash and stocks.So, question is who has the best rates? 

I found a 4 unit property that is going for 205k and it's gross annual income is 40200 with operating costs at 1200.

I did a 30 yr mortgage and my monthly payment is about 850 and rent is 1450, so $600 gross/month.

Think about how you would you react to these things if you were simply a new employee of a property management company. 

The Cap Rates will be different because of the price paid for the property, different rental income, different operating costs and the way each building is managed differently.The Gross Multiplier is more specific for different areas and for my analyzing the Gross Multiplier is much more important than the Cap Rate. 

That's a very nice gross earnings on this project!

@Tracey Thornton The EIDL is $1k per employee and the PPP is 2.5 months of your average payroll. 

Here is a long hand template that I'll use:= Analyze Deals: Identify: Property Price: Acquire: Down Payment Closing Cost Loan Transfer Stamps Taxes: Rehab Estimate: After repair value: Income: Monthly Gross: Rent Parking Washer/ Dryer Storage Advertising Expenses: {Fixed} Taxes Electricity Water & Sewer PMI Garbage HOA’s Insurance {$100} Expenses: {Variable} Vacancy {5-10%} Repairs and Maintenance {8%} Cap Ex - {Capital Expenditures} {8%} Management {10%} {Optional} Future Assumptions: Annual Income Growth: {2%} Annual PV Growth: {2%} Annual Expenses Growth: {2%} Sales Expenses: {9%} Totals: Monthly Expenses: Monthly Cash Flow: Monthly Income: ______________ Total Cash Needed: Cash On Cash Return: ROI: Cap Rate: