@John Huynh I would exclude retirement accounts from this calculation.  

Have you run the numbers in the calculators here with accurate ARV and renovation costs?

View report*This link comes directly from our calculators, based on information input by the member who posted.Team, This could be my first Brrrr deal and I don't want to get stock into the analysis paralysis, but I will like some opinions about this deal.

Check out the calculators that are on this website, they'll give you an idea of what pieces of information are important!

Hi gang,I'm reviewing some of my underwriting spreadsheets, and I'd love your opinion on this:When you're projecting income and expenses into the future, how do you calculate the growth of capex?

Is there a back-of-the-napkin calculation for insurance quotes for small singlefamily properties?

Be conservative with your income and expenses calculations.

@Asiah PattonRun them through the calculators.

Since any renovations are unlikely to add value to the property, based on this discussion and thinking it through, I'm going to calculate ROI based on a 15 year holding period, looking at what reduces maintenance, risk, and helps keep rents at the level I want.  

If you don't have financials, you can calculate the expected NOI by multiplying the number of occupied spaces currently paying rent by the monthly lot rent, then multiply by 12 months, subtract the expenses, which can range from 30-50% depending on variables, so use 40% for your back of the napkin analysis.