The two PM companies are using Appfolio software and I have heard the bookkeeping features are pretty good, as long as they are good at inputing and using the tools.

Any input is greatly appreciated.I have learned so many helpful tips from STR forum already!

Here's the details:This is a Duplex 2 bed 1 bath Monthly Income: 2,000 Monthly Expenses:1310.00 Monthly Cash Flow:689.00 Pro Forma Cap Rate:8.53%NOI Total: 17052.00 Cash Needed: 28,327 Cash on Cash ROI Purchase 29.19% Cap Rate 9.48%Property InformationPurchase Price: $179,900.00Purchase Closing Costs: $3,559.00Estimated Repair Costs: $15,000.00Total Cost of Project: $198,459.00After Repair Value $200,000.00Down Payment: $6,296.50Loan Amount: $173,603.50Loan Points: 2.0Loan Fees: $3,472.07Amortized Over: 30 yearsLoan Interest Rate: 3.000%Monthly P&I: $731.92*This link comes directly from our calculators, based on information input by the member who posted.

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

Hi Melissa,Thanks for your input! 

Appreciate your inputs. 

Thanks for the input Jacob!

Hopefully, I can get some input from you!

I am considering purchasing a one door, 5 bdrm house in Invermere BC and am looking for input on whether my plan is do-able: I want to purchase for $500k, put 5% down ($25k), (making the mortgage around $2800/month), charge $800-$900 a room, to be making at least $200/month profit.

I appreciate your input.