.$60 ground rent for $1000Take the ground rent amount and divide by .06.If the ground rent was created in the late1800's or before, the ground rent holder can charge a premium.They have to sell the ground rent to you.Really not a big deal.Nobody cares when buying a property if it subject to a ground rent.Relax. 

Example $70K loan divide into 1st @ $35k and second @ $35K.

.- You can use many strategies to make your property gain value and make more money (BRRR strategy, dividing the property, etc.).

Calculate this by taking your monthly revenue subtracting your monthly expense and dividing the result by your debt service.  

A Unit may not be divided or conveyed on a time increment basis (commonly referred to as "time sharing") or measurable chronological periods other than pursuant to a written lease as permitted under Section 4.17 of this Declaration.

The depreciation amount is calculated by taking the original cost basis of the property less all non-depreciable property (which is typically land and other soft costs) divided by 27.5 years times the number of years the property was and held.For example: Assuming an acquisition cost of $130,000 - land value and other non-depreciable assets of $30,000 = depreciable a $100,000cost basis.

They divided rent by 10 and told me to take that amount off the rent.

The initial $500 interest payment makes sense: 100k at 6% divided into 12 months.

Then, divide my profit by 4 and the OP would have earned $9,100,000.Now, someone just wrote a post stating that the market has changed and it is impossible to earn the same as in the past 10+ years and I did agree that the market has changed, but even though it has changed, if an investor wants to get filthy rich it is still 100% possible to turn $600,000 into $9.1 million in 17 years if you change your business model.I never told investors to stay away from single family homes.

I have an offer to sell it for $70k and it could probably be divided into 4 or 5 lots.