Rents were $700.00 and were raised after renovation to $1100 average.

Great thinking to add supplemental income. 12% Commission for Home Insurance is the average.

The average working month has 4.33 weeks in it, so you can get the same answer using your method by doing the following: $14.50 X 30 X 4.33 = $1883.55 or very close to the $1885.00 However, we as lenders use the method that the instructor used.

I know for sure they have average DOM for all zip codes and I've seen them give a snapshot of turnover by city before, but not 100% they have that info on demand.

I don't know how that compares to the rest of the country, but that's pretty average here. 

Originally posted by @Jarod Castaneda:@Guifre MoraRental Property Cash Flow Analysis   Monthly Operating Income Scenario A Number of Units 1 Average Monthly Rent per Unit 1,575.00 Total Rental Income 1,575.00 % Vacancy and Credit Losses 5.00% Total Vacancy Loss 78.75 Other Monthly Income (laundry, vending, parking, etc

I took the average of three sites estimates on the value of the house and it comes out to $431,433. 

I am just curious how much do the average cost per unit go for?

Meaning on our 2 flips we are averaging negative $100 per flip. 

They will then either take the average of the 2 years if your income is up, or the lowest if It’s on the decline.If they don’t verify tax return, one could inflate his returns and make up his history especially if self employed.