The house is a 3 bed 1 bath tri-level just under 1,200 sqft with an over sized garage (2 cars wide with an extra 15 ft at the back for bench and tools.

No floors kitchen etc. 4 bed 2 bath. 2000 sq ft. 

Especially if you can get near North Pole - with all the influx with the F-35 bed-down!

How many beds/baths?

Details:Property is a Duplex in Wisconsin, each unit is a 2 bed 1 bathAsking price $48K, would be paying cashComparable rents in the area in similar duplexes via rentometer and craigslist: $700-800/monthCosts considered:Rehab @ $15k (probably way off, I'm still learning) - some new flooring, cabinets and doors as far as I can tell currently.Property tax @ $900/yearInsurance estimated @ $1200 for year10 percent vacancy rate10 percent property manager fees10 percent of rent saved for maintenance5 percent of rent saved for capital expenditures3% of price for purchase related costs (inspection/title fees/transfer taxes etc)Calculations:Cap rate (purchase price): 18.9%Cap rate (market value): 13.8%Cash on Cash Return: 14.4%Cash flow @ $749 ($375/unit) or $562 after income taxesROE: 13.4%Rent to value: 2.9%Please punch holes in this for me so I can continue to learn, I appreciate the knowledge here.

The house is a two bed one bath just under 1,000sqft.

We (my wife and I) own a 3 bed 1 bath rental with a livingroom and a den.

Purchase price: $18,550 Cash invested: $4,000 Buy and hold 3 bed 2 bath Single family.

Hopefully our refinance will close this week and we’ll have 45k leftover after the renovation debts are paid.So with this 45k my question is, should I use the money to renovate my basement, or buy a new house with these low interest rates.I have plans to renovate my basement, transforming it into 3 beds and a bath, it would be apart of the 1st floor unit.

I remember watching the tenants' kids playing in the yard while I weeded the mulch bed and the late night service calls and the stress all of it put on our family.